Post
Topic
Board Speculation
Merits 4 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
PrivacyG
on 08/03/2022, 21:01:18 UTC
⭐ Merited by vapourminer (2) ,JayJuanGee (2)
Why would we need to flesh that out here?  It seems very unimportant in terms of deciding which shitcoin is less shitty.. and take that irrelevant talk somewhere else because any kind of discussion and attention to various shitcoins just ends up in a devolving increased discussion of irrelevant and distracting bullshit  - and ain't nobody got time for that.
May have sounded like I was initiating a Shitcoin comparison, but that was not the point I attempted to make.  I often have a stupid tendency to unconsciously deviate from subjects, and hopefully this is not a symptom of mental issues.

I will take the terms I mentioned in my last post and remove "Shitcoin" and "Altcoin" from the list.  We are left with Ponzi, Decentralized, Anonymity, CBDCs.  All of these are words that have been used to deceive investors interested in Bitcoin.  Some are using them outside of their definition specifically to create multiple definitions of a term.  Mainstream media with anti Bitcoin agendas do exactly this.  Bitcoin been called a Ponzi scheme and an Anonymous currency before.  CBDC's have been talked about as if they are the next big thing after Bitcoin.

Throughout my experience here, I noticed a specific lack of education regarding all of these terms I have mentioned above.  This, I believe, affects Bitcoin more than anything else.  For a privacy advocate, being falsely told Bitcoin is anonymous may lead to grave consequences of their actions.  For someone who thinks they are late, they will leave Bitcoin to the side and watch its price runs while waiting for 'the next big thing'.  Sure, this can be solved by individual research.  But we both know most people take everything for granted.  It was previously thought boomers were the ones to believe everything on the Internet is true.  I unfortunately think it is not just boomers but the majority of everyone using the Internet now.

In consequence, what I am trying to point out is that this is an issue affecting Bitcoin directly.  Everyone knows what Fiat is, why banknotes can not be counterfeited, why banks are not anonymous.  I am looking forward to the moment the majority will call Bitcoin the way it is and understand why it makes no sense for a public ledger to be called Anonymous, for CBDC's which have nothing to do with Cryptocurrencies to be called a Cryptocurrency and so on and so forth.  Fortunately, lately I have been noticing a change.  Bitcoin is named so much less often Anonymous, which is good.

But forgive and correct me if I am wrong, I think for this education to happen we need to extend this kind of education outside this giant bubble of Bitcoin?  Bitcoin is massive, but it seems to me that the influence coming from every hype trend seemingly happening outside of it is so much bigger than Bitcoin's is.  This can be further used to build Bitcoin's image in a better way.  Just imagine the term Decentralized was actually used properly.  Bitcoin would be known as one of the VERY FEW Cryptocurrencies that are known to be Decentralized.

Humans are seeking trends.  Let's make proper Bitcoin education a trend.  Let's make Decentralized trendy.  True decentralization I mean.  This is what I am on about.

Now I can only hope I have not deviated from the subject again.  And if I did, I shall remain silent here for a while.  So either way, I may thank you, JayJuanGee for the discussion I surely enjoyed having with you.

-
Regards,
PrivacyG