These companies, and I include Microstrategy in it, are just useless for the society and at best just help pumping BTC a little bit more for bitcoiners but this come at the risk that everything goes down even faster that it pumped.
This might seem bullishit short term but it's just toxic long term, we need good organic adoption by the people, the ones that believe in it, the ones that need it and use it daily. We cannot count on Microstrategy and Blackrock to push adoption.
Big finance/banking are just taking profit out of it, like they do with anything and their mother, they would sell earth to Goa'Oulds if it would make them richer.
Some bug companies that actually produce useful goods might adopt it as well but only if it can make them save money or bring more business, it's not bad but money and profits will still rules them.
We need the real people to adopt it. Hundreds of millions then billions out of the bottom 80% richer must little by little adopt Bitcoin, earn in it, spend in it and save in it. Then we will be successful.
It will not be easy, we will have to fight all the way there, but it's our best hope and we must take it no matter what.
Eluc
npub1ea…x54mw
2024-08-08 11:35:57
in reply to nevent1q…edh5
Author Public Key
npub1eaadqhuwn80gatdml02u58q0nd65nx7wqur5je4jwa5gef0p6unqrx54mwPublished at
2024-08-08 11:35:57Event JSON
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"content": "These companies, and I include Microstrategy in it, are just useless for the society and at best just help pumping BTC a little bit more for bitcoiners but this come at the risk that everything goes down even faster that it pumped.\n\nThis might seem bullishit short term but it's just toxic long term, we need good organic adoption by the people, the ones that believe in it, the ones that need it and use it daily. We cannot count on Microstrategy and Blackrock to push adoption.\nBig finance/banking are just taking profit out of it, like they do with anything and their mother, they would sell earth to Goa'Oulds if it would make them richer.\nSome bug companies that actually produce useful goods might adopt it as well but only if it can make them save money or bring more business, it's not bad but money and profits will still rules them.\n\nWe need the real people to adopt it. Hundreds of millions then billions out of the bottom 80% richer must little by little adopt Bitcoin, earn in it, spend in it and save in it. Then we will be successful.\n\nIt will not be easy, we will have to fight all the way there, but it's our best hope and we must take it no matter what.",
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