1. Complexity
Bitcoin is complex; I think most of us will agree on that. Complexity has been reduced with new standards and protocols, a magical threshold of simplicity is unlikely without trusting a third party.
Bitcoin isn't inherently complex, in fact it's so easy to use and setup even as a beginner in the industry. What's complicated though is the cryptocurrency industry and it only gets more difficult the more you invest your time and effort into it. Contrary to what the bitcoin maximalists wish, bitcoin is not the endgame for crypto, it's the gateway to the industry and this is what paints the illusion of bitcoin being a complex subject.
2. Monopolies - Are They Holding Us Back?
Some players might seem like they're supporting Bitcoin but might actually be slowing things down. I'm not blaming them; they have the right to act that way. But should we, as a community, try to promote more others new and small player to join the party?
I don't think the problem's with the adopters. The problem is with the people itself. A number of us here are content with how the industry works, cyclical and all that, and sometimes people even gatekeep this industry for some reason, not to mention large companies taking huge amounts of bitcoins for themselves and holding it without returning into the circulation, which inflates the price of bitcoin but at the same time discourages newbies who wish to invest on bitcoin.
3. What's Going on in El Salvador?Having spoken to many people, and from my intuition:
- Bitcoin Circles: There's this illusion of adoption, but it's often confined to small circles. Bitcoin tourist being guide with same people who take them to the same places. There is no incentive for this local community to open.
- Merchant Compliance: Many merchants don't accept Bitcoin mainly out of ignorance or lack of economic incentive. They are not feeling the lost and the presure (yet)
- People use Dolar instead of Pesos, Bolivares or Lebanese Pound. That's why people can't value the big present they've been given (Obviously any goberment with a currency they can manipulate would't be so willing to make Bitcoin legal tender)
I don't want to burst your bubble but in El Salvador things aren't looking real great after the adoption of bitcoin. It was a drastic process that blindsided a lot of people and now they hate bitcoin in there, which drives the notion that good things come slow. In that regard we still got a long way before bitcoin becomes truly for the people, so perhaps pushing for adoption now wouldn't be the best idea. [/list]