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36 sats \ 3 replies \ @Fenix 13h \ on: This Is Not What Adoption Looks Luke bitcoin
The difficulty in understanding this is a problem that real adoption suffers. People want to earn sats using tools from a system that Bitcoin came to destroy, and in doing so, they worsen the situation for those who still don’t know Bitcoin and keep the system running. From credit cards to loans collateralized in Bitcoin, no one wants to go to the local merchant and offer Bitcoin—they’d rather stick with fiat and complain. They should’ve kept their sats without supporting the system, but no, they prefer IOUs over Bitcoin.
I liked the introduction of your text—participating in historical moments like this, however small, is memorable.
Thanks. It is hard, though. I made that post about my visit to PubKey a week or so ago, when I was the only person paying with bitcoin. In a bitcoin bar! The problem is that I understand bitcoiners who would rather save their sats and spend crappy fiat. It doesn't make sense to them. It requires a change of mindset. It is the fiat world they are used to that they don't realize they are still hanging onto.
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I know a lot of people like that—they’re digging their way out of the fiat world but burying themselves in the process. If fiat is as bad as we know it is, why would they want to stick with it?
I’m not optimistic. It’s been over 10 years now that all the OGs know this, that anyone who enters and understands knows this, yet they keep hyping gurus and scammers. I do my part for myself while trying to warn those I interact with.
I’m not optimistic. It’s been over 10 years now that all the OGs know this, that anyone who enters and understands knows this, yet they keep hyping gurus and scammers. I do my part for myself while trying to warn those I interact with.
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If the reports are accurate, many OGs are trading their real bitcoin for etfs.
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