Bitcoin News
By Dan Saada
1 / 11
Stephen Diehl expresses: Cults like Bitcoin are an intellectual pandemic and just like physical viruses we all need a healthy dose of mental vaccine, solid grounding in…
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An unexpected result of social media and algorithmic amplification is that negative sentiment and crackpottery spread more virulently than they did even ten years ago.
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I don't have any answers for how to deal with root of this problem, but I do know that we will have to deal with the symptoms of these conspiracy cults as if they are a public…
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The root of all of these conspiracy cults is the simple fact that the internet has eroded trust in institutions significantly and a flood of low-quality hyperpolarized…
5 / 11
In many ways these phenomenon aren't new, conspiracy cults have always existed all the way back to the beginning of civilization.
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The bizarre cult-like antics of the Bitcoin faithful were on full display in Miami last week in which thousands of faithful descended on Miami to worship Bitcoin in Trump-style…
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The Bitcoin cult hijacks many existing right wing clichés of "all taxation is theft", "the state is violence", "gold is the only hard money" and reinterprets them in which a…
8 / 11
Bitcoin is centered around the notion that the financial system is a corrupt intermediary and government's true agenda is to control the money supply for insiders own empowerment.
9 / 11
Ideologies with eschatological myths of some future apocalyptic "Storm" or a "Mooning" event. Where the unbelievers in the ideology will be purged in a violent uprising.
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These ideologies have an indoctrination pipeline that takes contemporary issues (income inequality, political corruption, etc) and posits a worldview in which the entirety of…
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Well that is what Stephen Diehl has to say – regardless it just looks like BTC is here to stay.
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