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38 sats \ 8 replies \ @Aardvark 6h \ on: Fool's Gold of a -Crypto- Bitcoin Reserve (WSJ, Editorial) econ
These editorials only really highlight a general lack of education surrounding bitcoin.
It's said so often that it's become cliché at this point, but we are still so early that it's insane.
...or "late" -- who knows??
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i don't see how 'late' makes sense. YES it's a trope and "we're early bros!!!!"
but seriously read the comments to that editorial. Apparently the average American even one reading the WSJ that 'sophisticated'... has no idea how or if bitcoin is any different from $trump or $blowjob coin.
"it's all tulips"!!! Really. They have never heard of lightning and never made a Bitcoin transaction so...
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Exactly... they are all speaking from a place of ignorance. If they really understood Bitcoin, it would be okay to be skeptical, but you're more likely to say something along the lines of, "I just don't think it'll work," rather than all the strawman attacks about it being a scam.
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calling it 'a scam' i mean... junk email from nigerian princes is a scam.
advance fee Nigerian-inheritances are... a scam.
'investment schemes' on telegram or from random text messages... ya those are scams.
but i have a home miner, it heats my living room i receive payouts to my LN Address... which i use to post here stack sats + play lightning blackjack.
if they've never heard of lightning or a 'bitcoin node' how can give a fair assessment of bitcoin?
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they can't, that's why we should ignore them. they are just ignorant speaking of things they know nothing about.
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I don't think mainstream adoption is inevitable but I also don't think "going to zero" is a possibility. It could just remain niche for a very very long time.
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everyone wants legitimately better money... now it's on your phone...
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