Remember a time when bitcoin was filled with curiosity, wonder, experimentation, and an ambition to change the status quo?
The days where pseudonyms were common, and reputation was measured by the age of your bitcointalk account.
The age of bitcoin securities exchanges coded in PHP, with contracts being dumb and in the form of text.
It began with pirate and his unbelievable 1% per day returns, with the forum filled with accusers and defenders.
Reinventions of financial systems from nerds were popularised on forums. From usagi's tranched collateralized debt obligations, to friedcat starting a successful ASIC manufacturing business before disappearing into the void. Exchanges came and went, but the mostly went, as letters from the SEC hit everyone. Most disappeared, with MPEx being the last standing.
Today, we have DeFi. We have networks like Synthetix offering derivatives on publicly listed securities like Apple and Facebook. We have the commissioner of the SEC -- who many say were selected for his knowledge of cruptocurrency -- calling for regulation on the space.
Are we witnessing the same events repeat themselves, except this time it's happening on TikToks, Telegrams, and Reddits instead of internet forums which are on life support?
Curious if any bitcointalk securities old timers still even check this forum.