Plenty of people advertising for things that people don't need... Overpriced shoes, fragrances, socks... "Collectibles"... " NFTs" (they're finally dead right?)
Very little advertising for things that actually benefit the people who buy them, as opposed to the companies who sell them. Spending bitcoin doesn't result in more advertising revenue, it doesn't bring more people to the 'crypto casino' to make exchanges the 'trading revenues'...
It doesn't make the ETF managers admin fees or a percentage... It doesn't help this credit card companies, it doesn't enrich the banks, it's not necessarily conducive to government spending (or lower bond yields...)
It's not particularly good for financial surveillance (or doesn't have to be) and bitcoin is highly, highly anti-leverage and historically sniffs out over-leverage like a bloodhound.
Being a better 'bond trader' doesn't get you more bitcoin... Nor does having an existing tech monopoly because you can borrow forever (see AI stonks).
Bitcoin is neutral money and spending it upsets ALL the EXISTING power structures, that's why there is so much pushback/anti-bitcoin rhetoric from existing authorities that don't want to lose their 'moat.'
EVERYONE has heard of the spacex IPO (if they have any interest in finance) but almost noone hears of Lightning - a growing and materially credible transactional layer for neutral value on the internet.
Plenty of people advertising for things that people don't need... Overpriced shoes, fragrances, socks... "Collectibles"... " NFTs" (they're finally dead right?)
Very little advertising for things that actually benefit the people who buy them, as opposed to the companies who sell them. Spending bitcoin doesn't result in more advertising revenue, it doesn't bring more people to the 'crypto casino' to make exchanges the 'trading revenues'...
It doesn't make the ETF managers admin fees or a percentage... It doesn't help this credit card companies, it doesn't enrich the banks, it's not necessarily conducive to government spending (or lower bond yields...)
It's not particularly good for financial surveillance (or doesn't have to be) and bitcoin is highly, highly anti-leverage and historically sniffs out over-leverage like a bloodhound.
Being a better 'bond trader' doesn't get you more bitcoin... Nor does having an existing tech monopoly because you can borrow forever (see AI stonks).
Bitcoin is neutral money and spending it upsets ALL the EXISTING power structures, that's why there is so much pushback/anti-bitcoin rhetoric from existing authorities that don't want to lose their 'moat.'
EVERYONE has heard of the spacex IPO (if they have any interest in finance) but almost noone hears of Lightning - a growing and materially credible transactional layer for neutral value on the internet.
I don't think that's an accident.
Just my 2 sats