[PineappleFund]

Hi, creator of the Pineapple Fund here (pineapplefund.org/verification.txt)

I am actually quite sad to see the current state of the cryptocurrency community, and how people in it these days widely misrepresent the risk and intricacies of bitcoin/crypto.

When I first got into bitcoin, most people were there because they were fascinated in building a decentralized currency. Profit seeking was always a part, but not the predominant part.

I'm a little bit sad to see where crypto is today. But I think the original faction is still alive.

[rootlocus]

Not everyone will be able to profit off of bitcoin. Worse, those who will, will do so at the expense of everyone else.

There's only two ways this bubble will burst:

1. Inflation: the value of fiat currencies drops to match the supposed value of bitcoin, which negatively affects everyone

2. Only the first people to cash out actually turn a profit. Every other person who invested will lose everything.

Either way, the money you now made from bitcoin, came from people who will probably lose their savings contributing to the bubble.

[pretentiousPear]

How do you see the current risks present in bitcoin/crypto? How should it be represented? Genuine question.