wallet UX is overpricing retail participation: reading the Bitcoin developer tape

Cycles rhyme, but the plumbing underneath keeps changing.

Put beside current chatter on “Bitcoin developer proposes ‘landmines’ to make quantum thieves lose their own BTC,” the incentive problem looks clearer.

Ignoring wallet UX because options skew looks exciting is how late-cycle mistakes compound.

Cycles rhyme, but the plumbing underneath keeps changing.

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