Michael Saylor’s recent dysfunctional relationship comment perfectly summarizes the disconnect between bitcoin and crypto.
This is an opinion editorial by Tim Niemeyer, a Bitcoiner since circa-2018 and co-host of the Lincolnland Bitcoin Meetup in Springfield, Illinois.
“Bitcoiners are trapped in a dysfunctional relationship with crypto and we want out!” — Michael Saylor
Amidst the carnage of the FTX drama, a moment of clarity illuminated the Twittersphere. Michael Saylor’s words were the signal in the noise resulting from the dysfunctional trainwreck unaffectionately known as “crypto”. Before we can truly appreciate his insights, we should first meditate on what makes this relationship dysfunctional or, in the context of couples therapy, a toxic relationship.
While many in the cryptocurrency industry were happily going about their life viewing their relationship with money (trust, commitment, support, etc.) in a positive light, they were ignoring the warning signs that th
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