It's sad what Bitcoin has become.

Not the price. That doesn't matter.

I discovered it around 2012 and at that time people were really excited. Not because they thought about "getting rich". But because people were finally learning about how money works and how corrupt and fragile the whole system is. Bitcoin showed us at once both what money really is, how it works and gave us a solution to the problem. Very exciting times. Many of us dreamed of being free from the heartless leeches in private banks.

But before long people did start to think about "getting rich". That's the really sad thing about finance. It has attracted some of the smartest people in the world who use their brains not to help others or do anything useful, but to essentially just leech off the real economy.

So Bitcoin just became like everything else. Clever people "getting rich" doing nothing of value, and people like me just giving up trying to explain what the real problems with money are.

Now I feel like the old world financial system is stronger than ever. People are singing its praises because now there is a failed alternative to compare it with.