Quote from: BlackHatCoiner on Today at 08:17:15 AM

"The best way to make Bitcoin fail is to believe that its success is guaranteed [...] The big compromise in a strongly decentralized system is that it's all of our jobs to look out for it."

Quote from: Greg Maxwell

The best way to make Bitcoin fail is to believe that its success is guaranteed. I too believe that Bitcoin is strong, but it is only strong because people will fight to protect it. If a threat arises and people sit back and do little saying, "Bitcoin is strong, the market will provide protection" then it will fail. There isn't any higher authority. Each and every user of Bitcoin is personally responsible for protecting it. We are the market, the invisible hand. Bitcoin's strength arises because people do step up and protect it, so we must never take that assumption of strength as a reason to not act. All systems have their costs and compromises. The big compromise in a strongly decenteralized system is that it all of our jobs to look out for it. Is Mankind mature enough for that kind of responsibility? I think so-- Bitcoin isn't the only thing that exists because of our collective will. "It is the common fate of the indolent to see their rights become a prey to the active. The condition upon which God hath given liberty to man is eternal vigilance; which condition if he break, servitude is at once the consequence of his crime and the punishment of his guilt.”

this is apt and true. Bitcoin in itself can't stand to defend itself when it image gets tarnished and when a wrong signal is sent to the public regarding the wrong use of it. If we remain quiet and expect that Bitcoin is just too big to fail and refuse speaking up in times when it's necessary to do so, it wouldn't take time before so many people accept a wrong narrative which will go on to affect people's perception about Bitcoin.

A simple analogy that's already playing out is the mixing of Bitcoin, memcoin, Altcoin and coin in general to almost mean the same thing. Alot of individuals that have invested into meme coin and lost Thier funds in the process have tagged the whole decentralized sector to be of the same nature and if we're quiet about this kind of development and refuse educate or speak out to point these salient but serious misunderstanding out, it's going to do more harm above our imagination .

We are actually the main market and the moment we loose focuse and faith in bitcoin, that's the moment Bitcoin strength goes down to nothing.