Post
Topic
Board Bitcoin Discussion
Re: What happend.....
by
Kemarit
on 28/04/2020, 11:37:41 UTC
Hi all!

Am I the only one who feels the current Bitcoin/Crypto climate is going to shit? When I got into Bitcoin in 2013, this was the true new wild west so to speak. So what happend in the last 5-6 years?

I guess crypto also evolved in the last 5-6 years.

Governments are trying to take back control with regulations and taxes.

I think this is evident last 2016 and really highlighted in 2017 specially when bitcoin reaches it's peak. I don't think its taking back control, but more of wanting to have a piece of the pie.

Exchanges requiring ID (KYC) etc. (hahahahaha fail)

You can still used DEX.

Developers are requested to make themselves public
Previously rather unknown people. but with success in crypto, are for some reason seen as some sort of "Messiah" (binance dev for example)

Why not though, people are pulling a lot of scam attempts. Top 10 coins developers are well-known.

So why the hell.... Do we (community) go along with all that crap?

And IMHO, if you are happy with the current climate, you should not be in crypto at all!

Or have I smoked one too many? This is not what Satoshi wanted/meant when he created Bitcoin right?


Have a good one,
Towelie

To be honest, when the price of bitcoin starts from .01 then goes to 10 dollars, it became an asset per se, so it has very much evolved.