If you think #Bitcoin is a cryptocurrency in the crypto space, I ask that you consider this alternate hypothesis:
Bitcoin is the only legitimate digital asset, in a class all its own, and all other “cryptos” are flawed imitations.
Here’s some thoughts to get you started:
#Bitcoin is not crypto
Proof of stake is a scam
Web3 is just a marketing buzzword
Your NFT is going to zero
Your stablecoin is unstable
Your yield farm is a ponzi scheme
Your favorite altcoin is a centralized mess of a scammy cashgrab
It‘s #Bitcoin, not Blockchain nor Crypto
Here’s an IMF paper recommending that governments consider “financial repression” (i.e. looting public savings by pinning interest rates below inflation) as a tool for reducing national debt in advanced economies: