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One of central themes of Vijay Boyopati's "The Bullish Case for Bitcoin" is that for Bitcoin to reach wide scale P2P adoption it must first achieve store of value. That thesis is sound to me. Yes, it's unfortunate in many ways that institutions are jumping in now to what was originally birthed as a ground up movement. The rules remain the same for everyone though. At this point in the adoption cycle though, to really get Bitcoin, you still have to do the work. Banks are now moving to accept Bitcoin as collateral and when the likes of Apple & Google eventually implement Bitcoin into their payment platforms we shift more towards the vision we all want to see.
2025-11-09 22:00:04 from 1 relay(s) ↑ Parent 1 replies ↓
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I'll look it up and read it, thanks. If Bitcoin works through banks, Apple and Google, would it not be corrupted and lose it's P2P feature and privacy advantages? Again, I'm studying Bitcoin to evaluate if it would be a good way to foster local farming communities economies...
2025-11-12 00:01:49 from 1 relay(s) ↑ Parent Reply