"Panic is rising. Bitcoin, the way out of their giant Ponzi scheme, does not want to die, but the survival of the fiat system depends on the lack of an alternative. The entire system is therefore in danger."
— Alexandre Stachtchenko
Despite the obvious intellectual dishonesty permeated throughout the paper, is there a more fundamental capitulation in their framing? Have they actually conceded something critical despite their careful attempt to show no signs of any possible benefit to Bitcoin whatever? Is there a sense of panic in their words?
Check out the original article at The Great Capitulation by Alexandre Stachtchenko (Link: https://tinyurl.com/3sczkspe)
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