Skrilla (💙,🧡)

BTC is dead to me. For the first time since 2014, when my usual “should I buy BTC?” friends came for their scheduled emotional support hotline, I told them no. I am confident there is no longer a trade in BTC because the original trade is gone. BTC was the first memecoin. Do not waste time @'ing me, to me it is obvious. As you all know, every great memecoin needs a narrative powerful enough to make people believe they are doing something more meaningful than buying an asset from someone else. BTC had the best narrative of all time. Rebellion against inflation, fiat, banks, central banks, and the establishment. That was the narrative. But what mattered more was the raw engine underneath it: ESCAPE. BTC gave ordinary people the first internet native asset that could plausibly let them escape the rat race without needing access to the incumbent class. Before BTC, immense wealth creation was mostly gated by proximity. You needed access to early equity, private deals, high finance, institutional networks, valuable real estate, or some other lane controlled by people already inside the system (Boomers). BTC changed that because anyone online could buy the asset before the ruling class. That was BTC’s trade and its monopoly. It gave ordinary people a way to escape the rat race by opting out of a system that had kept access, upside, and wealth creation mostly in the hands of the incumbent class. The rebellion was the story -> The escape was the trade -> The monopoly was being the only asset online that could credibly offer both. That monopoly no longer exists. The irony is that BTC created the blueprint for the world that made BTC less important. It taught the internet that an asset did not need traditional fundamentals if it had belief, liquidity, attention, narrative, and enough people willing to treat the trade as a way out. Financial nihilism + magic internet money. That is the blueprint BTC gave the world. Forget fundamentals. Trade the narrative. Coordinate online. Let the greater fool mechanism create wealth for the people who arrived early enough. Think about it......Since BTC, every market has been hyper gamblified. Stocks trade like memes. Coins trade like memes. AI tokens trade like memes. Prediction markets trade like memes. Anything that lives on the internet can become a trade, a belief system, and a possible escape hatch from the rat race. BTC was powerful when it was the only internet asset that gave outsiders a credible way to get rich before the establishment arrived. Now the internet creates that setup constantly. BTC also lost the rebellion narrative. Institutional adoption killed that part of the story. The asset that started as a way to opt out of the system is now owned through ETFs, marketed by asset managers, held by corporate treasuries, and represented culturally by Saylor running a balance sheet strategy. BTC lost the 2 things that made it matter. It lost the rebellion because the establishment absorbed it. It lost the escape monopoly because every internet asset now competes to become the next rat race exit. The store of value story was always secondary. The inflation hedge story was always secondary. The hard money story was always secondary. The main function was escape. BTC was the first trade that made outsiders believe they could beat the system from outside the system. Now that function lives everywhere. To all the BTC maxis, with love. -XY