THE CRYPTO TUNNEL HAS NO LIGHT AT THE END
Someone from the family office world reached out to me. She wanted to “learn about blockchain.”
I never correct that question. I let them come, sit, and listen—then the real conversation begins.
This one was on Google Meet.
She was a technologist, she said. (She was either the greatest actress or super naive ignorant) Wanted to launch a token. Not for a breakthrough, just for “visibility” and “good causes.”
Ah. A branding exercise i said.
Then came the Dubai question. Could I help her “get into the scene”?
By that point, my agenda was clear: sip my coffee, entertain myself, and watch this unfold. It had been a while since I humored one of these conversations. Years of crypto event invites, whitepaper requests for reviews, and the obvious had made me allergic to this nonsense scambling.
But today, after a long busy week, with a free afternoon, why not?
She went on about using tokens for supermarket loyalty programs. I asked the obvious:
Why do you need a blockchain for this?
Her answer? A word salad about marketing pilot projects.
I countered: Do you know the Bitcoin loyalty points global program?
Silence.
So I laid it out: Bitcoin is already a universal, open-source, actual only unstoppable token. Satoshis can be used for loyalty points, cashback, payments—anything. No need to reinvent a Ponzi.
She was looking at me like a child listening in class.
Then I got blunt.
It seems you're after the money. The only way to make money from a token is to dump it in the market. And that’s how every altcoin game ends: rug pulls and exit liquidity. And by that people and families get hurt.
So why do that? Why take the long expensive useless road while you have a solid well lit highway?
She started taking notes. I started wondering what I was doing here.
I told her:
- 50% of the entire market cap is Bitcoin.
- Every “loyalty token” idea can be done with existing tech—SAP, Oracle, whatever.
- If you wanna do give for a good cause, you can just donate or give probono branding.
- If you're a technologist, check out the nostr protocol. She took note.
- And If you have investors and family offices who wanna make money while actually wanting to build something, you can invest in companies building on Bitcoin L2s and L3s. There are many, check #egodeathcapital and bitcoin angel investing platforms and other funds that exists that are very promissing and sometime outperforming Bitcoin's returns.
She continued writing while she circled back to supermarket chains.
So I made it simple:
(She seemed from the Northern cleaner countries)
Crypto is a supermarket full of toxic shitty junk mass produced food. Bitcoin is a premium boutique selling the highest-quality goods, the same for billionaires and the poor.
She stared at me like a kid being lectured.
If you are a good human doing a study to do a business, invest as much time you did for idea to seriously research why there are no use cases for your token and the blockchain you re building on. Be brutally honest with yourself. It's not worth the time or the money. Life is short. Better live your life on sound principles. Be smart. Study Bitcoin.
Then I checked my watch. 28 minutes in. Time was up.
I wrapped up:
“I’m not charging you for this call. But I only work with #Bitcoin only businesses. The #crypto #blockchain tunnel is dark, and there’s no light at the end of it.”
Hung Up.
I know what you might think.
But I kinda liked letting off that steam at the end of the week.
Felt Good!
Thanks for reading #nostr .
Have a fantastic Friday afternoon!
