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537 sats \ 2 replies \ @siggy47 2 Mar 2023 \ parent \ on: How Important are Banks to Bitcoin Today? bitcoin
I re-read your question and gave it more thought. One thing I failed to mention is that if banks are barred from being involved in bitcoin transactions, the subsequent price drop would also likely temporarily slow down new bitcoiner adoption. As we all know, newbies are often attracted to "number go up" mentality, and the barrier to entry in a p2p world would be much higher.
We need to stop onboarding newbies with number go up hype. We should be telling people to be careful when people start to lose their minds like that.
Slow and steady is the way. Here's 10k sats, I'll teach you how to use and store it.
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yeah, good point
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