🚨 The Halo Effect in Bitcoin: Beware the Shine
The halo effect is a cognitive bias where our perception of one positive trait skews our judgment of everything else. In the Bitcoin world, this plays out more than we’d like to admit.
🔶 Bitcoin's scarcity, decentralization, and resilience often create a kind of “moral aura” around anything associated with it. If someone is a known Bitcoiner, we assume they’re also trustworthy, competent, or right about everything else—politics, macro, tech, you name it.
But here’s the danger:
👉 Being early to Bitcoin doesn’t mean someone is a genius in all areas.
👉 A good Bitcoin pitch doesn’t mean the project they support is solid.
👉 Not every Bitcoin influencer is worth following blindly.
Bitcoin is revolutionary. But we need to separate the network’s merits from the biases we place on the people around it.
Stay sharp. Stack sats, not biases. 🧠⚡
#Bitcoin #CognitiveBias #HaloEffect #DYOR #StackSats