# 10 Cognitive Biases Explained Through the Bitcoin Adoption Cycle

By [scornfulLard9](https://paragraph.com/@scornfullard9) · 2022-04-29

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“The confidence people have in their beliefs is not a measure of the quality of evidence but of the coherence of the story the mind has managed to construct.” — Daniel Kahneman

Your best friend is a bitcoin maximalist and he’s been spewing his propaganda for some time now. He’s been…

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*Originally published on [scornfulLard9](https://paragraph.com/@scornfullard9/10-cognitive-biases-explained-through-the-bitcoin-adoption-cycle)*