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12 sats \ 0 replies \ @Solomonsatoshi 1 May \ parent \ on: POLL: What's the 'end state' for bitcoin? bitcoin
Most people are herd animals.
They will sell out their freedom for the price of a Big Mac and coke.
The fiat operators know this and have slyly and successfully corralled most Bitcoiners into the DCA HODL KYCed, taxed, tracked and traced speculative commodity narrative.
An analogy is Linux.
Largely captured although still able to be used - but only used directly by a minority of individuals.
Hopefully we can still use Bitcoin as a P2P payment protocol into the future but mostly it will be held and controlled by institutions as a speculative commodity plaything.
This process is well underway though most Bitcoiners even here on SN are in denial...because the speculative commodity narrative works best when drenched in blind hopium...rather than confronting reality.