2022 was a year of hubris and madness. It was the staggering, drunken hangover of the 2021 bull market, lurching through a cascade of increasingly lurid stories of greed, fraud and idiocy. Bitcoin appeals equally to philosophers, idiots and criminals — but they don’t all contribute equally to the public’s impression of Bitcoin. The crypto industry is like a circus — there are skilled experts doing high-stakes maneuvers and there are hard-working stagehands shoveling away all the shit but most people would rather just laugh at the clowns. Hopefully by the end of 2023 I will be writing a post about how stable and mature the industry has become.

"Remember 2022?" we’ll chuckle, "It was a simpler time!”