I agree. But for some reason, many of the people who understood Bitcoin before (peer-to-peer money, self-custody, sats must flow, etc.) seem to have forgotten those things.
For many Bitcoiners their number 1 hero is Michael Saylor, who does not think that Bitcoin should replace fiat currencies. How did we end up in a situation like that?
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Expert bias and appeal to authority. All normal.
Michael has brought many to bitcoin, is very smart, and who knows…..maybe he’s using this step to accumulate more.
The paths over the longer term are incompatible and he will have to choose.
Just the path we must take to win unfortunately - and many will find out the hard way.
i.e. Core