If you could wave your magic wand and have Bitcoin break free from any one thing, what would that one thing be? Independence Day (AKA, the Fourth of July), got me to wondering this question.
I guess for me, it would be for Bitcoin to break away from misunderstanding.
Seems to me that's why it's under attack by sections of the U.S. government and why many are still reluctant to move past, "It's a scam, or it's not backed by anything, or it's just for illegal stuff." They fail to see that Bitcoin is, mostly, about freedom.
Nothing, let it be. Badger still doesn't care, next block in ~10 min. You like it? fine, jump on board. You don't? have a nice day.... :-)
Very true. Man I miss the honey badger meme, that line of reasoning. It doesn't get the play that it used to get, but it's the real deal.
Ignorance and stupidity - something we are very rich of in Europe
It's a pandemic.
Do You have something against it? Maybe a vaccine from P. or JnJ?
I'm sure that Cortana will tell me the truth about how to fix it.
F.U.D
The U.S.
US is ok, but but not the FED or IRS which are not government organizations
Bitcoin doesn’t seem to be thriving in the US relative to some other countries
This ^^
Centralized exchange-based price discovery.
Hah! It's even worse than that for many people.
bitcoinmagazine.com/markets/ftx-collapse-cause-huge-bitcoin-price-spike
Coinbase
Why? That is actually one of the last remaining on/off ramps. Let it be there. My beef with coinbase is that conjoin should be a default tx out.
theres cashapp / strike or peer to peer or btcmap for merchants to give your coins to
They are completely regulatory captured. Amassed unhealthy amount of BTC and provide custody for even more. Its worse systemic risk than Saylor.
From idiots looking for a get rich quick scheme.
The Fed
Really the issue isn't bitcoin. Its people. People will learn over time though.
People thinking trade and speculation are the only/significant use cases.
Bitcoin is a savings technology and one that tests human coordination. If noöne accepts bids, nor undercuts the lowest ask, the existence of price insensitive users will monotonically increase the spot exchange rate.
It's under attack by the US gov, because it's a threat to it.
If the gov didn't know its potential, it wouldn't be attacking it.
It's normies who don't understand Bitcoin, not the government.