Bitcoin Mysticism is competing with Bitcoin Maximalism.
A Bitcoin Mystic sees Bitcoin not just as money or tech, but as an incorruptible spiritual force that’s destined to fix the moral rot of fiat.
Bitcoin mystics are a strange phenomenon. I think the problem is rooted in four main areas:
1) People don’t understand how Bitcoin works, so they can’t explain it simply.
2) Too many people try to make Bitcoin a religion. They’re trying to inject meaning and virtue into ledger software. Bizarre.
3) Some people want to sound important or prophetic when discussing Bitcoin.
4) Many people overestimate their understanding of the current financial system.
Incoherent fucking nonsense. This part of the Bitcoin space is just a full on cult. There is no value provided here, no useful insight, no information that is functional in any way.
Maximalism is a complete clown show at this point.
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