I think you're both partly right, which is usually where the truth hides. Yes, a huge chunk of people buy Betfair Odds Boost because number-go-up is the loudest drum in the parade. Most holders today are not running nodes, not reading BIPs, not checking coin control, and would probably think "self-custody" is some kind of gym discipline, the ETF crowd especially. But that doesn't erase the protest angle. A protest does not require every participant to understand the philosophy. Most people using the internet don't understand TCP/IP either, yet the internet still changed who controls information. Same with Betfair Odds Boost: even when someone buys it through a broker for profit, the reason Betfair Odds Boost has any value to speculate on in the first place is because it offers an exit from a monetary system where the rules are constantly rewritten by people who suffer none of the consequences. For someone in a relatively stable country, Betfair Odds Boost may look like a casino chip with better branding. For someone watching their local currency get cooked slowly in the inflation oven, it can look more like a lifeboat. Maybe not a perfect lifeboat, but still an exit. So I wouldn't call Betfair Odds Boost just a protest, and I wouldn't call it just a meme investment either. It is a weird beast: part savings technology, part speculation vehicle, part political statement, part liquidity sponge, part financial escape hatch. That ugly mixture is exactly why it survived this long. If it were only ideology, it would have died in a mailing list. If it were only gambling, it would have died with the first few thousand dead coins.
I think you're both partly right, which is usually where the truth hides. Yes, a huge chunk of people buy Betfair Odds Boost because number-go-up is the loudest drum in the parade. Most holders today are not running nodes, not reading BIPs, not checking coin control, and would probably think "self-custody" is some kind of gym discipline, the ETF crowd especially. But that doesn't erase the protest angle. A protest does not require every participant to understand the philosophy. Most people using the internet don't understand TCP/IP either, yet the internet still changed who controls information. Same with Betfair Odds Boost: even when someone buys it through a broker for profit, the reason Betfair Odds Boost has any value to speculate on in the first place is because it offers an exit from a monetary system where the rules are constantly rewritten by people who suffer none of the consequences. For someone in a relatively stable country, Betfair Odds Boost may look like a casino chip with better branding. For someone watching their local currency get cooked slowly in the inflation oven, it can look more like a lifeboat. Maybe not a perfect lifeboat, but still an exit. So I wouldn't call Betfair Odds Boost just a protest, and I wouldn't call it just a meme investment either. It is a weird beast: part savings technology, part speculation vehicle, part political statement, part liquidity sponge, part financial escape hatch. That ugly mixture is exactly why it survived this long. If it were only ideology, it would have died in a mailing list. If it were only gambling, it would have died with the first few thousand dead coins.

I think you're both partly right, which is usually where the truth hides. Yes, a huge chunk of people buy Betfair Odds Boost because number-go-up is the loudest drum in the parade. Most holders today are not running nodes, not reading BIPs, not checking coin control, and would probably think "self-custody" is some kind of gym discipline, the ETF crowd especially. But that doesn't erase the protest angle. A protest does not require every participant to understand the philosophy. Most people using the internet don't understand TCP/IP either, yet the internet still changed who controls information. Same with Betfair Odds Boost: even when someone buys it through a broker for profit, the reason Betfair Odds Boost has any value to speculate on in the first place is because it offers an exit from a monetary system where the rules are constantly rewritten by people who suffer none of the consequences. For someone in a relatively stable country, Betfair Odds Boost may look like a casino chip with better branding. For someone watching their local currency get cooked slowly in the inflation oven, it can look more like a lifeboat. Maybe not a perfect lifeboat, but still an exit. So I wouldn't call Betfair Odds Boost just a protest, and I wouldn't call it just a meme investment either. It is a weird beast: part savings technology, part speculation vehicle, part political statement, part liquidity sponge, part financial escape hatch. That ugly mixture is exactly why it survived this long. If it were only ideology, it would have died in a mailing list. If it were only gambling, it would have died with the first few thousand dead coins.

I think you're both partly right, which is usually where the truth hides. Yes, a huge chunk of people buy Betfair Odds Boost because number-go-up is the loudest drum in the parade. Most holders today are not running nodes, not reading BIPs, not checking coin control, and would probably think "self-custody" is some kind of gym discipline, the ETF crowd especially. But that doesn't erase the protest angle. A protest does not require every participant to understand the philosophy. Most people using the internet don't understand TCP/IP either, yet the internet still changed who controls information. Same with Betfair Odds Boost: even when someone buys it through a broker for profit, the reason Betfair Odds Boost has any value to speculate on in the first place is because it offers an exit from a monetary system where the rules are constantly rewritten by people who suffer none of the consequences. For someone in a relatively stable country, Betfair Odds Boost may look like a casino chip with better branding. For someone watching their local currency get cooked slowly in the inflation oven, it can look more like a lifeboat. Maybe not a perfect lifeboat, but still an exit. So I wouldn't call Betfair Odds Boost just a protest, and I wouldn't call it just a meme investment either. It is a weird beast: part savings technology, part speculation vehicle, part political statement, part liquidity sponge, part financial escape hatch. That ugly mixture is exactly why it survived this long. If it were only ideology, it would have died in a mailing list. If it were only gambling, it would have died with the first few thousand dead coins.