TLDR: "Asia isn't getting the right Bitcoin information and education, huge missed opportunity."
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I have watched many of the Bitcoin Podcasts out of Bitcoin Prague. As an American, I am totally saturated with my online, home schooled Bitcoin education. Proven by my not being overly impressed by Mallers and Saylor's presentations. It has nothing to do with them at all. It just has to do with, what has been said and what is being said today on Bitcoin. Starting with Satoshi, he ran out of things to say, even got frustrated at one point emailing:
"I can explain it to you but I can't understand it for you."
The most unanticipated reveal to me in listening to these recent presentations was in this one:
"The State of Bitcoin in the World — Jack Lee, Parker Lewis, Abubakar Nur Khalil, Rikki &Joe Nakamoto"
https://www.youtube.com/watch?v=XWDJLV6RFww
The reveal was down to one person, Jack Lee. Jack clearly explained why adoption is so tough in Asia, think China. For one thing, fingers point directly (again) to "Bitcoin Magazine" and how they hosted a "Bitcoin - Asia" conference. As Lee explained, it was mostly Crypto.
Asians, unlike America, are not getting the "there is no second best" message or the difference between Crytpo and Bitcoin (I am attaching one of my favorite images to explain it.)
So why is this?
- Most of us thought China 'banned' mining, they didn't
- China doesn't care if you hold Bitcoin as Property, it's a problem when it is currency and you try to take it (thus the - possible - Shanghai Bitcoin ETF will be an excellent onramp for the Chinese government and us - not necessarily the citizens.)
- If you listen (you should) to Bitcoin Mechanic/Giacomo (Dorsey funded Ocean) you know the Chinese (alongside American VCs like a16z) are funding the Ordinals/Inscriptions/Runes/Stamps initiative
- They also explain how the Chinese manipulate the ASICs and Pools
So, why isn't there more of a push, to push out "Bitcoin Magazines'" approach of BINO/Bitcoin Obfuscation (like Coinbase CEO Brian Armstrong does to)?
Easy. It's the money. It's so great, for them, keep the people thinking there is a second best as their customers lose their money and then the government can say, "see, we tried to tell you?"
No you didn't, it's about you, you all know Bitcoin is the best but you can make a ton of money off altcoins and you know they are zero threat to your money machine or any government (read politicians) anywhere.
I wish BTC Prague or Swan's Pacific Bitcoin could go on a true/blue Asian tour.
One problem, the Chinese government may not like the truth on Bitcoin?
Satoshi NAKAMOTO picked an Asian name, I wonder why, it's sad if he was Asian and the adoption is so poor. Let's make him or her proud of choosing Asia and Bitcoin.
Bitcoin. For everyone. The People.
Special thanks Jack Lee wherever you are, we have three Jacks now:
Jack Mallers
Jack Dorsey
Jack Lee
This post dedicated to Asian people everywhere, a huge hobby of mine is cooking, I cook all various regions from Thai, to Vietnamese, to Japanese, to Chinese.
I love all your food so much, I tell people I am ASIAN because of your food, I sort of am, Cauc-ASIAN.
Much Bitcoin love to all of you Asians.
