Bitcoin was created to be an independent decentralized financial assets. Surprisingly the very institutions Bitcoin was designed to work independently from are the same institutions breathing life into it.
What are those institutions?
What part do they play in crypto adoption?
How much influence do these institutions add to crypto adoption?
What are four of the major components necessary for crypto adoption?
Satoshi Nakamoto, the creator of Bitcoin, envisioned a new currency. A currency that would be free from the bureaucracy of governments. And free from the tyranny of the old world financial cartels. But in order for cryptocurrency to advance and gain value. Adoption of this digitized monetary system by the masses of people on our planet Earth needs to take place. Bitcoin and other cryptocurrencies are beginning to be adopted by the people of the world. But adoption has come with a compromise to Satoshi’s vision.
Government endorsement.
Government regulations.
The enhancement of the banking cartel’s services utilizing blockchain technology.
National economic failures.
Read more at
https://www.21stmoney.com/satoshis-dream-satoshis-nightmare-after-10-years-which-one-has-bitcoin-become/