10 years ago I was naively imploring everyone to buy BTC while people laughed at me. Now I'm cynically stacking in silence while making sympathetic noises when the same people endlessly complain they're stuck in a rat race and inflation is killing them. Oh well.

Position of "blue chip" altcoins like ETH, SOL, XRP or LTC becoming desperate. Degen gamblers abandoned them for memecoins. Normie retail increasingly recognizes Bitcoin's uniqueness. Zero chance to pass institutional investors due diligence. Bagholders should be really worried.

If Bitcoin doesn't want to go up, none of your stupid shitcoins will. If Bitcoin decides to go up, who needs your stupid shitcoins anyways?

Selling Bitcoin is stupid. It's doubly stupid for a welfare state facing an uncertain economic and demographic future. It's triply stupid if you sell into thin liquidity due to vacation season and US markets closed. Oh well, your loss is our gain. Prost, Verschwender!

If some idiots are willing to sell their coins cheap, why on Earth should I pay higher price? Bitcoin is the ultimate system of value transfer across time. Everyone gets in at the price they deserve. Everyone gets out the value they deserve. Low time preference wins the game.

"Crypto" is a term of art describing massive wealth transfer from idiots thinking they "missed" Bitcoin to shameless scammers selling false promise of "the next Bitcoin!" Nothing more, nothing less.

From Saylor to DCA plebs, we're all trying to grow our share in immutable BTC ledger. It sounds so simple but it's actually the hardest game in town. So many fail at it, countries and companies too. But it's the only long-term game worth playing. Many more will get it over time.

The wheels of karmic justice move slowly, but look like this cycle will see altcoins losing their relevance for anything. Being widely supplanted by memecoins even for degen gambling use case. Good riddance! Can't wait to stop hearing all this "crypto asset class" bullshit.

So, MtGox coins distribution in full swing but no feared dump similar to Bundeskriminalamtkuddelmuddel. Given long enough exposure to Bitcoin ownership (via frozen bankrupcy claims), even random retail becomes smarter than state players when it comes to hodling BTC. Lesson here.

First they ignore you, then they laugh at you, then they fight you, then they pretend you won so that they could corrupt and coopt you, then they fight you again if it doesn't work. It's Phase 4 all right. No way central money printing cabal gives up that easily.

Reposting for nostalgic value. Make your own W/L count if interested.

Even better. Slowly but surely, Bitcoin makes rich every poor person using it correctly, and it makes poor every rich person who opposes it or fails to use it. Isn't it something?

Hypershitcoinization is the process of exponential increase in new shitcoins emissions to the point where all the stupid money able to fall for ANY shitcoin narrative are gone, scammed away. The next logical step after that is hyperbitcoinization: all the smart money becoming

Bought the 73K top and now scared shitless because of 26% drawdown? That's nothing compared to multiple 90% drawdowns early Bitcoin adopters had to live through... Think about it next time you hear someone calls Bitcoin OGs "just lucky".

Final cautionary word. Saylorization of Bitcoin space is both the biggest opportunity AND the biggest threat Bitcoin has ever faced. Another war to re-define Bitcoin slowly brewing underneath. Know your side and be prepared. Eternal vigilance is the price of your freedom.

A real hero. Welcome to freedom, Ross!

I like this alt season

I support the idea of a Bitcoin fork to resolve the irreconcilable differences. That's how you get to free money. Ideally free as in freedom, but free as in beer works as well. To the victor go the spoils.