An interesting view of a person who is involved in Bitcoin for a long time.
Bitcoin and blockchain was created to eliminate banks as a medium of exchange. But people go to banks to withdraw their money. Which is a total contradiction.
Are people really in the industry for the money? Is this the reason why adoption takes such a long time?
Do you share his view?
https://crypto-potential.com/post/hard-to-swallow-pills-about-blockchaincryptoThat is not accurate, bitcoin was created to give those that want it an option to use a permissionless form of money that gives them freedom, make no mistake banks are always going to exist in some way or from and the same is true for fiat currencies, those in positions of power derive a great deal of it from the control they have of the economy and no matter what happens this is not going to change.
Also bitcoin as an asset that is completely free was bound to attract speculators, after all if people can speculate with fiat why are they not going to speculate with bitcoin? And if they want to go to a bank and withdraw their money then that is their call, as long a bitcoin itself adheres to its core principles then everything is fine.