Remember, the internet was a passing fad as well...

in bitcoin •  2 days ago 

Bitcoin will be just fine

If you are old enough to remember when the internet was invented, there were detractors and doubters back then too.

Some even thought it wouldn't catch on at all.

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(Source: https://x.com/BitcoinMagazine/status/1807110159665078304/photo/1)

Some are saying the same about bitcoin.

I think the ETF moment proved it wasn't going away and is here to stay.

The bad news is that it seems the original idea of bitcoin may never materialize as just about every country is doing its best to turn it into a stock and not let people actually do much with it.

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Peace & Love!

It’s fascinating to see how history tends to repeat itself. Just like there were skeptics about the internet in its early days, there are now skeptics about Bitcoin and cryptocurrencies. However, just as the internet revolutionized communication and information sharing, Bitcoin and blockchain technology have the potential to revolutionize finance and many other industries. It’s always wise to keep an open mind towards new technologies that have the power to reshape our world.