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Crypto slowing Bitcoin’s adoption
I feel like Bitcoin isn’t being taken as seriously as it should because it keeps being associated with crypto which is a complete scam.
I know eventually the bubble will burst, but it’s really annoying seeing bitcoin’s reputation being degraded because people refuse to put in the work to research a bit.
Does anyone else feel this way?
[55 min.ago]
I know how you feel.
I just calmly explain: There is Bitcoin, called Bitcoin.Then there are alt coin scams called ‘crypto’/’cryptocurrency’.
Of course it would be best for bitcoin if people understood why they should be bitcoin only but at least it seems like everytime people get burned on shitcoins more and more of them understand why the solution is bitcoin only.It sucks that they choose to learn the hard way but sometimes people gotta get burned before they learn.
Bitcoin is property, POScoins are securities.Bitcoin can’t be regulated, but securities are.
So they call them all Crypto, and try to control them all.
[10 min.ago]
Bitcoin already is regulated.Just not to the same degree as other things because it is so new.Give it time and regulation will catch-up.
This is not an IF it’s a when.
I know what you mean, but I’m a bit split on this question.
Crypto kinda acts as a flair, that draws a lot of attention away from Bitcoin while it advances quite rapidly in the shadows.If you watch any no-coiner talk about crypto, they still talk about blockchain and smart-contracts and all the shit the crypto bros play with.It all gets looked at as “interesting” but no real threat to the established system, because it can’t even scale.And Bitcoin is the oldest and slowest of them all, no danger, amIright?
Meanwhile Bitcoin is rapidly building scaling solutions that even the crypto bros are completely oblivious about.
If there is no shitcoin attached it’s basically invisible to them, so it’s even more for the non-coiners.
With Lightning and fedimint (and similar solutions) we will for the first time have the constructs that can actually scale Bitcoin to the whole world.I’m more bullish than I have ever been.
And they don’t see this coming, thanks to the shitcoiners distracting them.
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