If You Don’t Believe Me Or Don’t Get It
The reason Bitcoin didn’t scale.
Infiltrators used textbook excuses to block progress and development and prevented the brand name “Bitcoin” from dominating as a means of exchange.
Bitcoin, as a brand name became mainstream in 2013 and reached a peak in popularity by 2017.
It would have been an entirely different financial world today if Bitcoin was allowed to scale instead of imposing useless solutions like Segwit and the Lightning Network.Shutting down nodes and miners is impossible, so opposing forces needed to figure out a way to reduce Bitcoin’s rapid expansion.
Until 2017, Bitcoin witnessed exponential adoption by merchants and consumers, leading to a significant shift of financial power towards the individual.
The speed at which Bitcoin was gaining adoption was so rapid that it posed a challenge for the legacy financial establishment.
The threat of disruptive, decentralized P2P cash taking over a big part of the traditional financial system was realistic.
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