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5 sats \ 0 replies \ @ssaurel 27 Jan \ on: Some FUD at Hacker News - "Bitcoin is dead, but it was a good try" bitcoin
I think the risk is very real for the deeper meaning of the Bitcoin revolution.
All these financial giants want to take over Bitcoin. There is a real risk that this will harm the use of Bitcoin as a means of payment for everyday life in the future, with more and more BTC units blocked and unusable in P2P mode.
However, I wouldn't be as categorical as this person on Hacker News.
The risk is real, but we can also hope that this will be an opportunity to accelerate the mass adoption of Bitcoin if we manage to make as many people understand that Bitcoin must be owned in self-custody and not via these giants. finance.
The fact that these financial giants offer financial products on Bitcoin after having qualified Bitcoin as a SCAM in the past is clear proof of the bad faith of these financial institutions and an indication to the general public that we cannot trust them.
In short, big risk but also a big opportunity.
It’s up to us Bitcoiners to turn this into an opportunity!