Plutérmes(@Plutermes):It’s been interesting to watch diehard bitcoiners repeat the failing logic of goldbugs. They have in common this tendency to harden their positions to such extent that they fail to consider that the world has accelerated to such degree that abstract gold can be created by any group with large enough time horizon and social relation. Surprisingly, most goldbugs in today’s age would’ve missed primitive gold preferring shells and most bitcoiners today would’ve missed “bitcoin”preferring gold. Just goes to show how powerful identity and community is in relation to social environment. Gold and bitcoin have fulfilled their purpose, onto the next. Flip the stock market.

2026.10.07 19:55

It’s been interesting to watch diehard bitcoiners repeat the failing logic of goldbugs. They have in common this tendency to harden their positions to such extent that they fail to consider that the world has accelerated to such degree that abstract gold can be created by any group with large enough time horizon and social relation. Surprisingly, most goldbugs in today’s age would’ve missed primitive gold preferring shells and most bitcoiners today would’ve missed “bitcoin”preferring gold. Just goes to show how powerful identity and community is in relation to social environment. Gold and bitcoin have fulfilled their purpose, onto the next. Flip the stock market.