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I feel like less people understand bitcoin now than they did 10 years ago

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10 years ago bitcoin was the only relevant cryptocurrency. It had a strong ideology and strong purpose, everything else was essentially unknown.

Then the rise of alts in 2017 caused bitcoin to get lumped into the whole scammy crypto universe. Today when anyone says bitcoin all the uninformed masses think of is scammy pump and dumps.

10 years ago when you went down the bitcoin rabbit hole you discovered things like what money should be, how the fiat system is broken, and the technical genius behind bitcoin. Now that same rabbit hole leads to the scammy side of crypto.

Because of this even lawyers and accountants have no idea what bitcoin really is. They dont understand it at all, they have no idea how to account for it or fit it into legal structures because they still think it works like a stock because the scammy crypto universe prevented them from discovering what they needed to learn.

How will this resolve itself? Will it take a global bond market crisis and bitcoin being talked about on the news as a serious solution for the masses to finally learn what they need to learn about about bitcoin?

submitted by /u/slvbtc
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