A phenomenon observed in individuals who have been involved with Bitcoin for an extended period, typically spanning a decade or more, characterized by a growing sense of disillusionment and resentment towards the evolution of Bitcoin and its community. These individuals, often early investors who have amassed significant wealth from Bitcoin's appreciation, express discontent with the perceived divergence of the cryptocurrency and its culture from its original ethos and intended purpose.
This disenchantment is further fueled by conflicts with contemporary Bitcoin proponents, leading to feelings of alienation and betrayal. As a result, individuals experiencing Bitcoin Derangement Syndrome may engage in behaviors contrary to their initial beliefs, such as advocating for or investing in alternative cryptocurrencies ("shitcoins"), potentially engaging in deceptive practices, or withdrawing from the Bitcoin community entirely in a form of protest or disillusionment. The syndrome reflects the deep-seated conflicts within the cryptocurrency community regarding its direction, values, and identity.
This disenchantment is further fueled by conflicts with contemporary Bitcoin proponents, leading to feelings of alienation and betrayal. As a result, individuals experiencing Bitcoin Derangement Syndrome may engage in behaviors contrary to their initial beliefs, such as advocating for or investing in alternative cryptocurrencies ("shitcoins"), potentially engaging in deceptive practices, or withdrawing from the Bitcoin community entirely in a form of protest or disillusionment. The syndrome reflects the deep-seated conflicts within the cryptocurrency community regarding its direction, values, and identity.
He used to be such a good Bitcoiner, now suffering from Bitcoin Derangement Syndrome (BDS) he's peddling shitcoins to enrich himself.
by A person111222333 November 16, 2023
Get the Bitcoin Derangement Syndrome (BDS) mug.A digital asset that has gained currency in decentralized Ponzi schemes, which makes it virtually impossible to catch the bad actors (criminals, hackers, money launderers, drug & human traffickers, …); it also serves as safe virtual money to protect the wealth of those who live in developing countries beset with hyperinflation.
Once dubbed an “index of money laundering,” bitcoin is often confused with blockchain, which is a system of recording information that is almost impossible to change or forge.
by Numerati June 28, 2024
Get the Bitcoin mug.When an organization, such as a government, reacts to crypto currency or blockchain developments in ways that make it apparent they don't understand how it works.
Used like "pearls before swine" or "coals for newcastle".
Used like "pearls before swine" or "coals for newcastle".
Bro, did you hear that they want to "outlaw private keys" in Florida?
Hah. Just so much Burmese bulldozers for bitcoin.
Hah. Just so much Burmese bulldozers for bitcoin.
by Satoshi Blart August 25, 2021
Get the Burmese Bulldozers for Bitcoin mug.someone who talks about Bitcoin too much and loves it too much and think the whole world revolves around Bitcoin
by TryNotToListenToIdiots November 22, 2021
Get the bitcoin loser mug.by 0xBunzy November 29, 2022
Get the Bitcoin mug.When crypto scammers promise gullible folks that for a nominal fee they would help them trade the bitcoin they send to them, by generating at least three times the amount within 24 or 48 hours.
Countless sites boldly advertise their “Pi Your Bitcoin” trading strategy, by putting the word “legit” to make people believe it’s not a scam.
by Fasters March 27, 2022
Get the Pi Your Bitcoin mug.Bitcoin mining involves validating transactions on the Bitcoin network and adding them to the
blockchain. Miners use computational power to solve complex mathematical problems, earning
Bitcoin as a reward for their efforts. mybitminer.com
blockchain. Miners use computational power to solve complex mathematical problems, earning
Bitcoin as a reward for their efforts. mybitminer.com
by a legitimate pharmacy? May 27, 2025
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