https://youtu.be/YbzNJr26H-4?si=RSsjzFBCaW4dr_vJHey everyone,
I haven’t read through all 8 pages of this thread yet, so maybe someone already said something similar — but there’s something about Bitcoin that’s been genuinely bothering me for a while.
Ten years ago, when people talked about Bitcoin, it was mostly normal folks. Tech geeks, regular guys in hoodies, not dressed like they just came from a board meeting. They weren’t “investors” in the traditional sense — they were excited about what Bitcoin could actually do for the world. A lot of them acted like missionaries. Bitcoin was pretty much the only thing they wanted to talk about and it was fun as hell. You could feel the idealism. This thing was supposed to change the game.
Now? Whenever Bitcoin shows up in mainstream media, it’s usually some old finance guys in glasses who’ve been trading stocks for decades and suddenly decided they’re Bitcoin experts. The people who actually built and pushed Bitcoin in the early days — a lot of them walked away years ago. And the space got taken over by exactly the world we said we didn’t want: bankers, pseudo-investors, and an army of “experts” selling advice and courses.
That’s what scares me the most.
The original idea is dead. Bitcoin was supposed to be actual money — something you could use in the real world. Where the fuck can you actually pay with Bitcoin in stores these days? Yeah, there are a few places, but it should be everywhere by now. Instead, we’ve seen the opposite: plenty of companies that started accepting Bitcoin enthusiastically have quietly dropped it. Big ones included. It happened over and over.
The reasons don’t even matter that much anymore. The result is what matters: Bitcoin stopped being a tool to change the world and became just another vehicle for speculation and making money. The vision of a decentralized currency that works globally and actually challenges fiat? That ship sailed. Governments are busy launching their own CBDCs and clearly don’t give a shit about Bitcoin.
To me, that’s the real tragedy. It went from “this could fix something broken” to “number go up, maybe buy my course.” And I don’t see that reversing.
Curious what the OGs think about this. Especially the ones who were actually around when it still felt like it meant something.