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This is an opinion piece by Brooks Lockett, a freelance writer and Bitcoiner who fell down the rabbit hole in 2018.

I look forward to the day when savers will outnumber speculators on this planet. And the The FTX Saga showed us that we are far from this dream.

Yet the future remains bright. This article attempts to identify the psychological forces underlying the recent crash of FTXand provide insight into how we can create information that directly hooks newcomers to the bitcoin standard and helps them avoid getting entangled with the siren call of altcoins.

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