Bitcoin's biggest enemy?
289 sats \ 12 comments \ @asterisk32 26 Jul bitcoin
Bitcoin has it's fair share of enemies. The obvious one's being:
  1. Banks
  2. Governments
  3. The political class
However, it's easy to overlook the most dreadful kind of enemy, the one within, bitcoiners ourselves.
Some Bitcoiners keep all their sats on exchanges, use KYC services, shy from utilising privacy tools and only buy bitcoin to exchange it for fait.
Bitcoin's survival against adversarial attacks is pegged to how well Bitcoiners can Keep Bitcoin away from Fiat.
DE-FIAT YOUR BITCOIN ANON.
write
preview
related posts
75 sats \ 1 reply \ @cristaiji 26 Jul
I also know crypto people who don’t like bitcoin. I can’t get my head around why but they prefer Ethereum and other shitcoins…..☹️
reply
0 sats \ 0 replies \ @Satosora 26 Jul
I dont know how that can even happen. Bitcoin is the godfather of all cryptocurrency.
reply
31 sats \ 1 reply \ @riberet19 26 Jul
Many bitcoiners are still too attached to fiat, but I think they will slowly learn, or not.
reply
16 sats \ 0 replies \ @Satosora 26 Jul
They will learn once their fiat money becomes worthless.
reply
21 sats \ 0 replies \ @freetx 26 Jul
18% interest rates + a balanced budget. These are the only actual enemies that can harm bitcoin. Everything else is talk....
reply
0 sats \ 0 replies \ @jerrybature 27 Jul
The fiat mindset is hardwired into the brains. It takes a lot of effort to get rid of it.
reply
0 sats \ 0 replies \ @Cowboy 27 Jul
Money
reply
0 sats \ 0 replies \ @BitcoinAbhi 27 Jul
Banks for sure!
reply
0 sats \ 0 replies \ @guts 27 Jul
Blackrock
reply
0 sats \ 0 replies \ @Jer 27 Jul
Someone recently said "A competent government"
reply
0 sats \ 0 replies \ @Satosora 26 Jul
Well...government is starting to get on board. And the political class, I know for a fact a majority hold bitcoin in some way.
reply
0 sats \ 0 replies \ @Msd0457890 26 Jul
They believe that the biggest enemy is those who want to destroy it. Bitcoin will have its enemies but every day it gets stronger and covers more and more areas of the world economy.
reply