You are viewing a single comment's thread from:

RE: Five Minute Crypto – The Bitcoiner Menagerie

in LeoFinance4 years ago

Lol, that Irish accent caught me hella off guard, I like this consumer behaviour driven by various biases, I think it's just so evident because its such a small community, as we get bigger the concentration of these groups meshes between one another as we get people who sit between to or two factions.

As for now, I sit in the Majoritarians camp. I think tribalism is needed at this point in the life cycle of crypto as we need more HODL'ers of last resort to provide a floor and gobble up the liquidity.

Over time volatility will reduce and spending can be done safely or via a DIA to secure a set value to be redeemed later. We'll see which one we will need, but for now the way I see it is Bitcoin doesn't care about any of our opinions, its going to do what it was programmed to do and we're all just along for the ride

Sort:  

True, BTC is set to succeed our support etc. isn't a prerequisite for that. As you note, Tribalism has its place, as long as the blinkers aren't on too tight.

Without a doubt I think their will always be extremists and each idea brings with it a different perspective and ideas that challenge the space and move it forward! Thays one thing crypto has over fiat money, more eyes, more stake holders, more opinions and willingness to change and alter positions like look at ETH it was first a ICO platform now its a dAPp platform and now wants to move into DE-FI it’s going to keep changing till it fines its best utility