The fact that the new funding round is denominated in dollars, instead of Sats, invalidates their entire position.
I say that as someone who normally cringes when I hear normies say similar things. "Bitcoin isn't accepting anywhere, therefore it's useless", is a misguided conclusion. These people are missing much of the bigger picture.
However, they aren't completely wrong. Until we can use Bitcoin to fund projects, without converting to dollars first, Bitcoin will not gain any real traction. It will forever remain a niche, gold-proxy asset.
So, let's stop putting so much energy into educating people about macro-economics, the evils of the IMF and the history of the Federal Reserve. Redirect that energy into making Bitcoin usable as a medium of exchange!!! Start showing the world that Bitcoin is actually a competitor to fiat, instead of being a hypothetical competitor as it has been recently.
The fact that the new funding round is denominated in dollars, instead of Sats, invalidates their entire position.
I say that as someone who normally cringes when I hear normies say similar things. "Bitcoin isn't accepting anywhere, therefore it's useless", is a misguided conclusion. These people are missing much of the bigger picture.
However, they aren't completely wrong. Until we can use Bitcoin to fund projects, without converting to dollars first, Bitcoin will not gain any real traction. It will forever remain a niche, gold-proxy asset.
So, let's stop putting so much energy into educating people about macro-economics, the evils of the IMF and the history of the Federal Reserve. Redirect that energy into making Bitcoin usable as a medium of exchange!!! Start showing the world that Bitcoin is actually a competitor to fiat, instead of being a hypothetical competitor as it has been recently.