I do think bitcoin is kind of un-heralded. A massively multiplayer online form of gambling but instead of being a boring ordinary casino game where there is some normal distribution of payouts that gives the house an edge, there are exponential movements driven by crowd psychology and the whims of wealthy people. The game is to keep holding through those exponential movements but also know when to get out before the big -95% crash. Penny stocks pioneered this game mechanic but they lack worldwide 24/7 play without any barriers to entry.
Then much like casino games have an Egypt theme or whatever, cryptocurrency has the theme of libertarian “sound money” ideology usually associated with boomer gold bugs. Although a lot of coins are just associated with various memes.
Also due to its nature anybody can develop & publish their own “game” for immediate worldwide release, with whatever whacky rules they want. Like 10% of all transactions are skimmed into a pot that you can do some other bullshit to compete to get.
If the 1800s had some sort of bitcoin, it’d require an industrial marvel that fired a salvo of smoke from multiple smokestacks at a time every time someone wanted a dubious private bank note.
I do think bitcoin is kind of un-heralded. A massively multiplayer online form of gambling but instead of being a boring ordinary casino game where there is some normal distribution of payouts that gives the house an edge, there are exponential movements driven by crowd psychology and the whims of wealthy people. The game is to keep holding through those exponential movements but also know when to get out before the big -95% crash. Penny stocks pioneered this game mechanic but they lack worldwide 24/7 play without any barriers to entry.
Then much like casino games have an Egypt theme or whatever, cryptocurrency has the theme of libertarian “sound money” ideology usually associated with boomer gold bugs. Although a lot of coins are just associated with various memes.
Also due to its nature anybody can develop & publish their own “game” for immediate worldwide release, with whatever whacky rules they want. Like 10% of all transactions are skimmed into a pot that you can do some other bullshit to compete to get.
If the 1800s had some sort of bitcoin, it’d require an industrial marvel that fired a salvo of smoke from multiple smokestacks at a time every time someone wanted a dubious private bank note.