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Bitcoin Derangement Syndrome (BDS)

A phenomenon observed in individuals who have been involved with Bitcoin for an extended period, typically spanning a decade or more, characterized by a growing sense of disillusionment and resentment towards the evolution of Bitcoin and its community. These individuals, often early investors who have amassed significant wealth from Bitcoin's appreciation, express discontent with the perceived divergence of the cryptocurrency and its culture from its original ethos and intended purpose.

This disenchantment is further fueled by conflicts with contemporary Bitcoin proponents, leading to feelings of alienation and betrayal. As a result, individuals experiencing Bitcoin Derangement Syndrome may engage in behaviors contrary to their initial beliefs, such as advocating for or investing in alternative cryptocurrencies ("shitcoins"), potentially engaging in deceptive practices, or withdrawing from the Bitcoin community entirely in a form of protest or disillusionment. The syndrome reflects the deep-seated conflicts within the cryptocurrency community regarding its direction, values, and identity.
He used to be such a good Bitcoiner, now suffering from Bitcoin Derangement Syndrome (BDS) he's peddling shitcoins to enrich himself.
by A person111222333 November 16, 2023
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Bitcoin Derangement Syndrome (BDS)

A condition observed in long-term Bitcoin participants, typically those involved for a decade or more, marked by a profound disillusionment with the current state of Bitcoin and its community. These individuals, often early investors who have become wealthy due to Bitcoin's growth, find themselves at odds with the evolving narratives and cultural shifts within the Bitcoin ecosystem. Feeling estranged by what they perceive as a departure from Bitcoin's original principles and intentions, they exhibit behaviors that contrast sharply with their initial commitment to Bitcoin. This may include supporting alternative cryptocurrencies, engaging in questionable practices, or completely disassociating from the Bitcoin community. The syndrome is indicative of the broader internal conflicts over the direction, values, and identity of the cryptocurrency community.
He used to be such a good Bitcoiner, now suffering from Bitcoin Derangement Syndrome (BDS) often attacking Bitcoin and peddling shitcoins to his audience.
by A person111222333 November 16, 2023
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Bitcoin

You did something really well then failed so much worse and made everyone disappointed in you
You failed the test, Your such a bitcoin”-person 1
Just because I’m smart doesn’t mean I have to pass every test”-person 2
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Bitcoin is to bitch; what heck is to hell. Used to avoid swearing.
by jammiereviews April 23, 2023
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Bitcoin

A NOT-SO-“Wise” “investment
Bitcoin is, well bitcoin
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A word used by broke people so sound rich in front of their investor friends
Nah but I own bitcoin
by 0xBunzy November 29, 2022
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Bitcoin

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Bitcoin (abbreviation: BTC; sign: ₿) is a decentralized digital currency that can be transferred on the peer-to-peer bitcoin network. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009, when its implementation was released as open-source software.: ch. 1 The word bitcoin was defined in a white paper published on 31 October 2008. It is a compound of the words bit and coin. No uniform convention for bitcoin capitalization exists; some sources use Bitcoin, capitalized, to refer to the technology and network and bitcoin, lowercase, for the unit of account. The Wall Street Journal, The Chronicle of Higher Education, and the Oxford English Dictionary advocate the use of lowercase bitcoin in all cases.

Fuck you i just wrote an entire essay on bitcoin
Bitcoin
by Cryxal_Rxses October 20, 2022
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