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Another bullshit crap "on top of Bitcoin"... why people fall again and again for these scams?
2014 hype-cycle's scam-narrative:1000 alternative non-Bitcoin uses for "the blockchain"
2017 hype-cycle's scam-narrative:1000 alternative Bitcoin-like "blockchains" with the same use
2021 hype-cycle's scam-narrative:Bitcoin as SoV and 1000 "tokens" on top of a couple of other "blockchains" for "defi", "stablecoin" and "NFT" uses
2025 hype-cycle's scam-narrative:Bitcoin as SoV&MoE and 1000 "L2s" on top of Bitcoin's "blockchain" to improve that use
2029 hype-cycle's realization:Maybe we should have just stacked sats all along?
https://xcancel.com/giacomozucco/status/1834211165292924970
Another bullshit crap "on top of Bitcoin"... why people fall again and again for these scams?
2014 hype-cycle's scam-narrative:
1000 alternative non-Bitcoin uses for "the blockchain"
2017 hype-cycle's scam-narrative:
1000 alternative Bitcoin-like "blockchains" with the same use
2021 hype-cycle's scam-narrative:
Bitcoin as SoV and 1000 "tokens" on top of a couple of other "blockchains" for "defi", "stablecoin" and "NFT" uses
2025 hype-cycle's scam-narrative:
Bitcoin as SoV&MoE and 1000 "L2s" on top of Bitcoin's "blockchain" to improve that use
2029 hype-cycle's realization:
Maybe we should have just stacked sats all along?
https://xcancel.com/giacomozucco/status/1834211165292924970