
KEY POINTS
- Benjamin Cowen called out Donald Trump for launching a memecoin while crypto hoped for a Bitcoin reserve
- One user said crypto has lost its way 'in a sea of hype and altcoin nonsense'
- Another user said the industry has become a 'pure gamble market'
- One blamed the rise of crypto ETFs, which he said allowed traditional finance to walk in
Satoshi Nakamoto, the pseudonymous creator of Bitcoin, was trending on X early Monday as Bitcoiners, holders of the world's first decentralized cryptocurrency, lamented how much the industry has changed since the BTC white paper emerged in 2008.