this post was submitted on 22 Jul 2023
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It’s such a deep and controversial subject. I’ve never tried mining. There are some simple use cases, like tipping creators on social media, that don’t require a person to close all their bank accounts and convert all their dollars to bitcoins, but people take any talk of innovation in the space as a demand that they change their philosophy of money, so to me, the anti-crypto crowd seems reactionary and toxic.
Yeah, I can see that. I mean, it's really most change in things. The vast majority of people hate change and react extremely about everything.
I remember before www, before aol, so when I was the first person going online in my friend group, everyone thought I was a lunatic. imo, crypto is the same. In a decade it will be ubiquitous and nobody will care what anyone’s opinion of it was in 2023
Yeah that's probably true. I'm an elder millennial and I grew up without and with the internet. But that's how it is with most things really. The world moves on and opinions are lost in time. Hell most people convince themselves they supported whatever it is all along.
I don't know if I believe that crypto will be ubiquitous in a decade unless it starts to gain mainstream traction soon, but I can see something in that space.
I believe it will be ubiquitous, but happening in the background. People won’t be like, “hey what’s your bitcoin address dude, I want to send you .000000054”. It will be more like the sauce that powers a payment app like Venmo, but hidden in the background, making settlement cheap for the provider. The Strike app already does similar, and if a big cc company sees the light and tries using crypto settlements to square accounts, they will save billions on settlement charges. THAT’S where it will be used by everyone, they just won’t know they are using it
Ah yeah that makes sense. You may be right then. I can see that happening.
So the /r/bitcoin sub was decent. The /r/cryptocurrency sub went very toxic. I would put a lot of effort into it here if there were even a budding bitcoin community here, but it’s all crickets. I want to help educate people that bitcoin is both more and not what they think
Well more power to ya. I hope the community gets bigger for that. I've pretty much wrote it off at this point, for my personal use I mean. I still try to keep an eye on what's going on, but I'm just not interested anymore until something big happens.