The drama unfolding is nothing short of entertaining. Bitcoin enthusiasts, once so sure of their “digital gold” narrative, are now spiraling as reality hits. The dream of a Bitcoin-backed reserve falls apart, and they scramble to find someone to blame.
It’s honestly hilarious watching Bitcoin maxis lose their minds and have nose bleeds because Trump ditched the idea of a Bitcoin Reserve, which I was one of the only pages that tried warning everyone would happen.
Instead of just admitting that they made up this fake narrative…
— Jacob King (@JacobKinge) January 24, 2025