"Be your Own Bank" "Unconfiscatable Money" these two reason alone are good enough for anyone to get into Bitcoin or Crypto. The world loves printing money, inflation continues, Crypto values will continue to rise.
Thanks for the great recap... I love your final line "Consensus prevails in the Bitcoin world, which is a true democracy." To be Honest I been lost in the world of trading crypto of BTC, ETH and other alt coins... Needed your reminder to recall how great BTC is and why we still need to HODL in this inflationary world of printing money.
There’s a lot of positive sides about Bitcoin (decentralization being my #1), is already a big thing, but little by little is becoming global and massive in the mainstream.
The world and particularly bitcoin opponents are still going through the five stages of acceptance; denial, anger, bargaining, depression and acceptance. I think the Amundi CIO is at anger. The good thing is that most of the world cannot deny that BTC doesn't exist or won't survive. So now they attack it and try to destroy it. As crytpotech continues to survive, thrive and evolve, those who haven't accepted it are in for a world of hurt and will find themselves in the depression stage which won't be pretty. They will be left behind if they don't adopt and adapt to it.
This reminds me of the bitcoin obituaries LOL. Bitcoin's been "killed" so many times by opposers and non-believers that it's just funny. We have to keep spreading the word and educating newcomers.
I've said it before and I'll state it again. You can't expect perfection out of everything immediately. The people that disparage BTC and Crypto in general are only able to poke at the credibility of BTC because it's not "perfect". Cars aren't perfect. Air travel isn't perfect. Medicine, as evidenced by the last year, isn't perfect. However we see EVERY innovation in these areas PRAISED, regardless of how the improvement was reached. Here we are though, living through an innovation that has the ability to genuinely change everything about how we live, and all that we hear is negativity. Why is this? I think there are several reasons. The most poignant of which are A) Fear, and B) Lack of understanding or desire to learn.
Fear is RAVAGING the folks that run our current financial systems. What happens if BTC and Crypto truly are everything we have been saying for years? What happens to their wealth? What happens to their POWER? They don't know, but they know that their wallet won't like it. So what do you do? You throw dirt. What do you do when that doesn't work? You throw more and hire others to throw more. Then you convince the powerful people around you to throw dirt. Eventually everyone is throwing dirt, like now, but BTC is still going forward. One. Block. At. A. Time.
Most of these people "understand" BTC and Crypto. They have to. It's their job to understand. However, they don't understand PEOPLE and what people want and need. They don't understand why the movement keeps...well... moving. They don't understand why everyone wants to leave the way things have been for the way things COULD be. They can't. If they DO, then they're admitting they were wrong. I don't think we will see the end of the disparaging comments and the spread of false information until BTC and Crypto ate THE way. Until then, we follow what we believe in and what we want to see happen. WE know that this is the future, eventually everyone else will too.
"Be your Own Bank" "Unconfiscatable Money" these two reason alone are good enough for anyone to get into Bitcoin or Crypto. The world loves printing money, inflation continues, Crypto values will continue to rise.
Thanks for the great recap... I love your final line "Consensus prevails in the Bitcoin world, which is a true democracy." To be Honest I been lost in the world of trading crypto of BTC, ETH and other alt coins... Needed your reminder to recall how great BTC is and why we still need to HODL in this inflationary world of printing money.
There’s a lot of positive sides about Bitcoin (decentralization being my #1), is already a big thing, but little by little is becoming global and massive in the mainstream.
The world and particularly bitcoin opponents are still going through the five stages of acceptance; denial, anger, bargaining, depression and acceptance. I think the Amundi CIO is at anger. The good thing is that most of the world cannot deny that BTC doesn't exist or won't survive. So now they attack it and try to destroy it. As crytpotech continues to survive, thrive and evolve, those who haven't accepted it are in for a world of hurt and will find themselves in the depression stage which won't be pretty. They will be left behind if they don't adopt and adapt to it.
This reminds me of the bitcoin obituaries LOL. Bitcoin's been "killed" so many times by opposers and non-believers that it's just funny. We have to keep spreading the word and educating newcomers.
The empty critique of Bitcoin needs to end.
but some interest groups will continue to put these criticisms before us.
Unfortunately, idealistic people like you will have to continue to respond to these criticisms from time to time.
it's a game of perception
Someone will continue to defame bitcoin and we will always respond to these criticisms for a fairer world.
In the end, we will be the winners. We will continue to trust and grow in Bitcoin.
thanks for this great article
Bitcoin Fan ❤️
I've said it before and I'll state it again. You can't expect perfection out of everything immediately. The people that disparage BTC and Crypto in general are only able to poke at the credibility of BTC because it's not "perfect". Cars aren't perfect. Air travel isn't perfect. Medicine, as evidenced by the last year, isn't perfect. However we see EVERY innovation in these areas PRAISED, regardless of how the improvement was reached. Here we are though, living through an innovation that has the ability to genuinely change everything about how we live, and all that we hear is negativity. Why is this? I think there are several reasons. The most poignant of which are A) Fear, and B) Lack of understanding or desire to learn.
Fear is RAVAGING the folks that run our current financial systems. What happens if BTC and Crypto truly are everything we have been saying for years? What happens to their wealth? What happens to their POWER? They don't know, but they know that their wallet won't like it. So what do you do? You throw dirt. What do you do when that doesn't work? You throw more and hire others to throw more. Then you convince the powerful people around you to throw dirt. Eventually everyone is throwing dirt, like now, but BTC is still going forward. One. Block. At. A. Time.
Most of these people "understand" BTC and Crypto. They have to. It's their job to understand. However, they don't understand PEOPLE and what people want and need. They don't understand why the movement keeps...well... moving. They don't understand why everyone wants to leave the way things have been for the way things COULD be. They can't. If they DO, then they're admitting they were wrong. I don't think we will see the end of the disparaging comments and the spread of false information until BTC and Crypto ate THE way. Until then, we follow what we believe in and what we want to see happen. WE know that this is the future, eventually everyone else will too.
And now Trump calls Bitcoin a scam because he wants the $ to be the currency of the world.