I&#x27;ve seen some of the worst biases manifest themselves around bitcoin.<p>My theory is that in the shadow of the bubble collapse, the desire for bitcoin to succeed has driven wishful thinking to the extreme, where some vocal bitcoin evangelists ignore or spin reality to reconcile it with their desire.<p>It&#x27;s more akin to the old XBox vs Playstation flame wars, where a console fan could just admit the cons along with the pros, but then that wouldn&#x27;t fully validate their decision to invest.<p>An example of some of the spin that I&#x27;m talking about: <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=10959211" rel="nofollow">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=10959211</a>