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The current state of crypto makes me think I was naive to believe this could be a cornerstone to a better society.

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by COINS NEWS 80 Views

As many others, what initially got me excited about bitcoin and the like was the idea that we could have democratized, immutable online money anyone could use without the need for bureaucracy. Using bitcoin the first few times was so cool and inspiring, however I only get the jist of what happens from a technical standpoint and didn’t even know UTXO’s existed until fees got so high and DCA’ers started posting about it. Fees have been an issue for a while, and ever since they have been the narrative instantly changed to reflect this and bitcoin is a store of value not cash never meant to be cash what were you thinking? Sure there are cryptos out there that have long solved these issues, but our oppressors have the resources to drag them all through the mud.

The unfortunate truth of the matter is that nothing is infallible. Wether it be by tech itself, laws in the physical world, or the narratives enforced, the elites have to get they’re grimy fucking filth all over it.

submitted by /u/dootiedog
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