TD₿: Everyone's a Scammer by Michael Goldstein
TL;DR "Crypto" is full of scammers who want to steal your bitcoin. Don't give it to them.
Hey Bitcoiners,
After building and investing in this space for over 4 years now, I’ve seen my fair share of scams, frauds, and thefts.
Every single one of them had something in common - they wanted my bitcoin.
The only way to hodl through the cesspool of temptations and scams is to keep a low-time preference and understand that you own the hardest money that has ever been discovered.
With a deflationary currency this early in its adoption cycle, the only logical choice today is to hoard and secure your bitcoin as tightly as you can so you benefit from its price appreciation.
Michael Goldstein penned this post describing the dangerous environment that Bitcoiners find themselves in (09/11/2014).
Do not give in to quick gains and scammy inferior “cryptos”. Your future self will thank you for it.
HODL on comrades and tread lightly.
Tick tock next block,
Cory Klippsten
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Quote of the Day
“In a world built on lies, deceptions, half-truths, and narratives, I don't see anything more profound or impactful to do with my life than protecting the truth machine.” - AMERICAN HODL, Independent Bitcoiner
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