Bitcoin’s Eternal September is Coming. Bitcoin Tech Talk Issue #226
During the bull runs, the people in the Bitcoin space on average tend to be noobs. They not only have no idea what they’re doing, but are often pretty confused by the different propaganda arms of various altcoin communities. They see the number go up in Bitcoin and start thinking, where else is the number going up?
It’s a reasonable question to most beginners, but unfortunately, the answers are either purposefully ignored or hand-waved away in the search for yield. It’s tiring to explain why altcoins are centralized, why the use-cases they claim haven’t worked and that their engine is printing their own money, speculating and gambling. This is the good fight that we all engage in to help all the newcomers not get burned the way we once were.