Bitcoin Derangement Syndrome 🤪🤡

One year ago today, Bitcoin was $15,700. A year later it is above $37k. A +135% gain. Highest and fastest appreciating asset known to man, by a wide margin!
In this video, I discuss the causes of Bitcoin Derangement Syndrome (BDS), and how it has affected public figures like Paul Krugman, Charlie Munger, Warren Buffett, Peter Zeihan, Peter Schiff, and especially Dave Ramsey. When cryptographic truth collides with fiat lies, there's always a lot of cognitive dissonance.

Dave Ramsey combines extreme arrogance with a complete lack of intellectual curiosity, having been telling his viewers that Bitcoin is a scam since 2014 when it was trading at $600.

Ramsey has zero understanding of even the basics of how the Bitcoin network works, seeming to believe that the network can be "unplugged."

Ultimately, Bitcoin Derangement Syndrome is nothing more than the dinosaur, looking up into the sky, seeing the Bitcoin comet, and realizing that his time is almost up.

Paul Krugman's 10-Year History of Being Wrong About Bitcoin:
https://reason.com/2021/06/10/paul-krugmans-10-year-history-of-being-wrong-about-bitcoin/

Peter Schiff wrong about Bitcoin:
https://i.ytimg.com/vi/4L4BYWWO_pg/maxresdefault.jpg

Bitcoin ‘stupid and evil,’ Berkshire Hathaway vice chair Munger says:
https://fortune.com/2022/04/30/bitcoin-stupid-evil-berkshire-hathaway-vice-chair-munger-says-warren-buffett-cryptocurrency/

Charlie Munger calls bitcoin ‘disgusting and contrary to the interests of civilization’:
https://www.cnbc.com/2021/05/01/charlie-munger-calls-bitcoin-disgusting-and-contrary-to-the-interests-of-civilization.html

America can learn from Communist China, says Berkshire’s Charlie Munger:
https://www.cnn.com/2021/06/30/investing/charlie-munger-china-berkshire-hathaway-warren-buffett/index.html

SBF hated the Bitcoin network:
https://www.ft.com/content/02cad9b8-e2eb-43d4-8c18-2e9d34b443fe

Peter Zeihan wrong about Bitcoin:
https://twitter.com/DylanLeClair_/status/1722628797495968231

https://www.youtube.com/watch?v=U6p-sr8LMPA&ab_channel=BitcoinUniversity

Dave Ramsey calls Bitcoin a scam in 2014:
https://www.youtube.com/watch?v=bDmHiCVGmZU&ab_channel=TheRamseyShowHighlights

Dave Ramsey's latest Bitcoin rant:
https://twitter.com/btcSalvation/status/1721737983894917468

Cyprus bank bail-in:
https://www.reuters.com/article/cyprus-bank/cyprus-lenders-set-bank-of-cyprus-bail-in-at-47-5-pct-sources-say-idUSL6N0FY09020130728

Dave Ramsey faces $150 million lawsuit for promoting company accused of fraud:
https://www.cbsnews.com/news/dave-ramsey-getting-sued-150-million-lawsuit-timeshare-exit/

Original Video by Bitcoin University: https://www.youtube.com/watch?v=_aC7b2InfiU

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