Merchants are scammers, Keynesians are scammers, altcoins are scammers, Bitcoin “investments” are scammers, scammers are scammers, and even Bitcoin hoarders are scammers. Everyone’s a scammer.
There is a key list of works that are simply the “must reads” of the Bitcoin space if you want to understand the true nature of the new economic incentives and the technology behind it. “Everyone’s a Scammer” by Michael Goldstein, is one of those works. Another piece that stood the test of time made available by the Nakamoto Institute, not to be missed by any serious Bitcoiner out there.
Don’t forget to check out Goldstein’s amazing work and the enormous collection of quintessential Bitcoin writings over at the Nakamoto Institute:
https://nakamotoinstitute.org
https://nakamotoinstitute.org/mempool/everyones-a-scammer/
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