So I was reading this amazing point that RogerVer brought up on reddit reminding people yet again about the fundamentals of how Bitcoin was envisioned to be and about how Lightning Network could become centralized and if we go that route, we might as well just use Paypal instead of crypto currencies and I am just amazed at just how many people have just not read the original white paper at all.
https://www.reddit.com/r/btc/comments/k4jnby/psa_satoshis_original_white_paper_was_titled/
I don't understand why BTC is pumping so much. Will scarcity and being first the only factors that drive everything (adoption and price) going forward? Why are billionaires pumping money into Bitcoin only and not Bitcoin Cash? Do they not know the limitations of Bitcoin?
I think many people including some of the smart people that I know have just put mental blocks on this subject and they just refuse to think beyond BTC. No one wants to think about practical applications, no one wants to think about scaling issues. All they care about is that if Jack Dorsey and Chamath put their personal net worth or MicroStrategy's Michael Saylor put his company's cash reserves into Bitcoin then this should be the end all be all coin.
How do we get over these hurdles? How do we educate all these people?
Will the real Bitcoin please stand up?
