What crypto is about... (on the back of Ross's recent release)

As rBitcoin is still censored a lot of newbies hit this sub during events like DPR's release, so I would like to offer the following quote:

“Every single transaction that takes place outside the nexus of state control is a victory for those individuals taking part in the transaction,” - Ross Ulbricht

This sentence encompasses the real purpose and goal of these protocols. NGU while nice, it is just noise and in itself, won't contribute to your liberation.

The real 'NGU event' happens when most of the population actually uses these networks, what we have now, will be considered as a farce in retrospect. Of course if you don't actually implement crypto in your life, it will never happen.

First step of mass adoption is using these networks to settle everyday money matters within your family and closest peers.

Wider merchant adoption and closed loop economies can only arise from that.

I recommend reading the 'hijacking bitcoin' book too as it perfectly tells the history of the bitcoin blockchain and answers why BTC is not viable since 2017 as p2p money.

DYOR.

submitted by /u/FelcsutiDiszno to r/btc
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Quelle: bitcoin-en