The amount of people that truly and honestly believe Bitcoin is one giant scam seems to get bigger every single day.
While there were a lot of people that felt skeptical about the internet or any other technological breakthrough, there wasn't the same level of animosity that I see towards Bitcoin. There are a lot of people who are literally angry and see Bitcoin as one giant pyramid scheme that is bound to crash at some point in the future.
So how will that "scam" label associated with Bitcoin vanish so we can eventually have mainstream adoption?
My hypothesis is that Bitcoin will only make sense to the mainstream when CBDCs get introduced and rolled out. It might not be terrifying at first for some people, but the moment people start to realize that their money is being programmed on a case-by-case basis is when everyone will awaken from the dystopian nightmare. It will then be obvious to everyone that Bitcoin is a superior digital currency and people will begin to rush to it as a safe haven asset. It will be seen as a form of digital gold or even cash. I always think of how much my dad LOVES cash - why? Because the government can't track what you do with it. Bitcoin will serve as both the digital gold (long-term savings mechanism) and the digital cash.
What are your thoughts? I am genuinely curious.
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