People keep saying “why are the vibes so bad on CT” when Bitcoin is going up.
1. Like XRP, Bitcoin doesn’t need CT to build communities
2. Bitcoin doesn’t need a community or culture it just is. It graduated from community to commodity a few years ago.
3. There are very few crypto apps to use or speculate on.
4. X algo changed this week to reduce slop noise and most crypto posts are in fact slop.
5. We haven’t ended the failure wave of last cycle and we have till end of year for those companies to die.
6. New investments from VCs are delayed because LPs got burned which is why you see these new accelerator vehicles.
7. Memecoins did major damage to the founder landscape and so when memecoins dried up here there was nothing left.
8. People here don’t actually know what they want.
9. Most people are sidelined and can’t afford Dubai events so they get resentful.
10. Why believe in crypto culture when it’s predicated on scamming people that actually believe? You can’t tell a kid Santa is real if he already knows the truth he will just think you’re crazy.