This is a good article questioning whether the ETFs will harm bitcoin in the long run by emphasizing its store of value use case over peer to peer medium of exchange. I like the analogy the author uses of owning an expensive sports car that you never drive. There is no new ground broken, but it's a short read and worth your time.
291 sats \ 1 reply \ @_b_o_n_e_s_ 10 Jan
thankfully because its opensource we can continue to build alternative economies outside of the USD bullshit. they take time but can see more scaling solutions eg fedimints, statechains starting to come together after few years of conceptualising/prototyping. these are steps towards increased commerce. the difficulty is scaling with as much sovereignty as possible
this is multi decade mission and unfortunately we may not see the true benefits in our lifetimes
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42 sats \ 0 replies \ @siggy47 OP 10 Jan
I agree. I'm old already, so I don't expect to see it. Progress can only occur in the global south. In the west bitcoin will be coopted by the BlackRocks of the world.
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