crypto Mr.mahi
2024/11/04 16:11
The Crypto Iceberg Explained is a fun and engaging article that looks at the different layers and dark sides of the cryptocurrency industry using an iceberg model. It covers everything from the history of Bitcoin and Ethereum to the mysterious culture and controversial behaviors of industry figures. The article is meant to be humorous and satirical, so don’t take it too seriously. The first layer of the iceberg is the idea that fiat currency is worthless, and Bitcoin is immutable. This layer also includes the idea that assets inflate on base monetary inflation and that smart contracts will replace the economy. The second level covers events like the Altcoin/Bitcoin Ratio, the XRP Myth Scam, Silk Road, Ethereum Rock, and Yachtzee Saves Bitcoin. The third level of the iceberg delves into more complex concepts, such as altcoins being the “Bitcoin 2.0,” the idea that cryptocurrencies are the second dimension of risk, and Ethereum being used to “steal” Bitcoins. This level also covers events like the Sushi Vampire Attack and the Ziliqa Annual Pump. The fourth floor of the iceberg is where things start to get really weird. This level covers conspiracy theories and strange ideas, such as Beerus being based on 16z, CL being an LLM, and the terminal of truth being Baphomet. This level also covers events like the Italian Mafia creating DeFi 2.0 and MEV being equal to UBI. The fifth floor of the iceberg is where things get really dark. This level covers events like SBF being Ryoshi, moon phases and solar eclipses creating bull markets, and the four-year cycle being global liquidity. This level also covers the idea that the chain runs every two months due to wage slavery. The sixth floor of the iceberg is where things get really crazy. This level covers events like Bitboy’s cocaine abuse, mingxmecca, El Salvador’s Atlantis revival, and sanctioning countries boosting altcoins. This level also covers the idea that Do Kwon stashed his cryptocurrency in a hardware wallet. The seventh floor of the iceberg is where things get really out there. This level covers events like Kole’s interstellar foolery, the idea that Satoshi Nakamoto is the CIA, and the idea that Murad is Baproll. This level also covers the idea that GCR’s physical disability is due to his belief that trading is the only path to wealth. The Crypto Iceberg Explained is a fun and engaging article that provides a unique perspective on the cryptocurrency industry. It’s a great way to learn about the history of Bitcoin and Ethereum, as well as the mysterious culture and controversial behaviors of industry figures. Source
The post The Layers of Crypto: Exploring the Dark Side of the Industry first appeared on CoinBuzzFeed.
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