With all due respect to any OG Bitcoiner who may be selling Bitcoin due to disenchantment, I would humbly say that this is a lack of focus and perspective.
Every day, I have the honour via
of connecting with local projects around the world that are living out the vision of “peer-to-peer electronic cash”. Freedom money. 100 sats here, 1000 sats there. A local barber, taxi driver, cattle rancher, or corner store on-boarded to Bitcoin. A group of children receiving and then spending sats as reward for their participation in an educational program. A mother saving sats for her child’s future schooling costs.
On and on, far away from the boardrooms of Wall Street, the original vision for Bitcoin is very much alive, thriving and growing through local Bitcoin circular economy projects.
So, to anyone lamenting the entry of large financial institutions to the Bitcoin ecosystem and the #hodl only mentality, I respectfully say: you’re not looking in the right places. Tune into circular economies and the #spedn vibe.
Take a step back, look at and support local Bitcoin circular economy projects. You can find them all listed on fbce.io and you can find how to donate to them (multiple options) via our partner website at bitcoinconfederation.org/explore.
If the entry of large institutions to Bitcoin frustrates you, if you feel that the soul of Bitcoin is in jeopardy, help the amazing people on the ground in communities around the world who are bringing the Bitcoin white paper to life every single day. Please follow and support to help us bring Bitcoin circular economies to scale over the months and years ahead.