Are we living in a fever dream?How many people actually understand bitcoin?
I have a relative that works in the us government. I was speaking to one of their colleagues that works in the treasury dept and discussing how important BTC is going to be to our country’s future. They started laughing and talking about Tulips in Holland. I was infuriated that someone who may be responsible for implementing policy regarding bitcoin in the future was so clueless and had so little understanding of the asset. But it got me wondering, how many people actually understand bitcoin? I stopped talking to my family about it because they think I’m crazy and am gambling. I don’t talk about it at work. What is going to be the catalyst for widespread adoption? I am getting excited about the government forming policy regarding framework of crypto as an asset class and a bitcoin strategic reserve in the next several months. It seems a heavy lift to get widespread retail adoption and understanding to take us to 5x returns? It will also be difficult to explain the world of bitcoin to government policy makers. Is it just going to be the enlightened bitcoiner hodlers that are going to be the wealthy elite in the new regime alongside institutional, corporate and govt entities? submitted by /u/AgitatedJury9632 [link] [comments]
I have a relative that works in the us government. I was speaking to one of their colleagues that works in the treasury dept and discussing how important BTC is going to be to our country’s future. They started laughing and talking about Tulips in Holland. I was infuriated that someone who may be responsible for implementing policy regarding bitcoin in the future was so clueless and had so little understanding of the asset.
But it got me wondering, how many people actually understand bitcoin? I stopped talking to my family about it because they think I’m crazy and am gambling. I don’t talk about it at work. What is going to be the catalyst for widespread adoption?
I am getting excited about the government forming policy regarding framework of crypto as an asset class and a bitcoin strategic reserve in the next several months. It seems a heavy lift to get widespread retail adoption and understanding to take us to 5x returns? It will also be difficult to explain the world of bitcoin to government policy makers. Is it just going to be the enlightened bitcoiner hodlers that are going to be the wealthy elite in the new regime alongside institutional, corporate and govt entities?
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