Melania Trump celebrating the creation of Bitcoin
(twitter.com)
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I'd be on board with Bitcoin if it didn't seem like a captured and controlled asset. Ever since the block size debacle with Blockstream, Bitcoin has been failing on it's promise of delivering electronic cash. The oft parroted solution of L2 chains is hardly a fix for the fundamental problem, and the major one, Lightning Network, is owned by Blockstream, the same people who didn't want the base chain to scale.
Cryptobros claim it's going to be "digital gold", and it strongly seems to me like that is going to fall through, too. The extreme volatility clashes hard with the safe-haven asset image of gold. It doesn't help that Bitcoin is becoming increasing correlated woth the stock market, either.
This all isn't necessarily to say that I'm a perma-bear on crypto, or that Bitcoin's issues can't be fixed, but it has a very long way to go to "official currency" status.