Published 21 Aug 2026, 16:22 UTC · fetched 3 Nov 2026, 10:56 UTC
Justin Bons
@Justin_Bons
BTC is not special; it is just bad Stop treating it like a snowflake! The religiosity is only there to defend the indefensible There are no redeeming qualities; BTC is not secure, decentralized, or scarce in the long run! BTC's inevitable collapse will hurt countless people 🧵 Putting BTC into its own unique category is a mistake. As it bypasses comparative analysis & in some cases even critical thinking That is why in BTC land strange & weird rhetoric leads the day, dominating the narrative, as there is nothing of substance to hold on to Bitcoin's main message is appealing & worthy of our support. The problem is that BTC cannot achieve any of the things its proponents ultimately claim to want That turns bitcoiners into "phony revolutionaries", who are unable to achieve anything. Much like a "controlled opposition" in politics. Despite these individuals often having the most admirable goals & characters The security budget is collapsing, as a consequence of the blocksize limit. We have covered the details of this collapse extensively in previous posts, from the mechanisms & the politics for change, to the supporting math & economic theory. Instead of repeating myself here, let me remind you that you are only a single Grok prompt away from finding those threads again We are gradually getting through to the wider public; that is why the collapse will likely come before the mathematically predicted 6-to 10-year timeline. With so many parties now aware, they will likely move out before a death spiral begins. So holding BTC in the meantime becomes a very risky game of musical chairs For the analysts out there, I challenge you to put BTC into the same category as other crypto's. You will find that it completely collapses under scrutiny when it comes to basically all of the major fundamental metrics The fact that people still speak so highly of BTC speaks to the mass collective delusion taking place here. Not dissimilar to the 2008 subprime mortgages, the 2000s dot-com bubble, the stock market collapse of 1929 or even the Tulip Bulb mania of 1637 There is no shortage of historical examples where human beings seemingly lose their minds & markets go berserk, often with catastrophic consequences That is exactly what is happening here. The cryptocurrency revolution is real; BTC is not We have been raising this alarm for over a decade; we now have less than a decade left. We have a duty as crypto advocates to warn as many people as we can about the looming collapse, or we also become morally complicit in all of the pain it will inevitably cause That is what it means to be a true bitcoiner today. To warn people that BTC no longer carries that torch forward while advocating for the alternatives that can So, if you also care about the original vision of "P2P Electronic Cash", then help us spread this message far & wide. In support of the Bitcoin dream, not against it! ❤️View original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Awaiting manual review
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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