Interesting. The words "bitcoin" or even "crypto*" appear exactly 0 times on that letter. More so given that several years ago they dabbled into accepting bitcoin (onchain), then they removed it, allegedly because of the high onchain fees. This means they are very aware of bitcoin.
Are they right and bitcoin will be negligible 10 years from now? Will central banks, commercial banks, governments, regulators and these fiat companies that make a living out of showing a polished UI/UX on top of an overly complex and fraudulent system be the winners?
Or are they wrong in the same way that it seems that Google will be disrupted by AI and these fiat boys are going to receive the lesson of their lives? How can we make it so that 10 years from now bitcoin is the thing and not these ultra-fiat companies and institutions?
Interesting. The words "bitcoin" or even "crypto*" appear exactly 0 times on that letter. More so given that several years ago they dabbled into accepting bitcoin (onchain), then they removed it, allegedly because of the high onchain fees. This means they are very aware of bitcoin.
Are they right and bitcoin will be negligible 10 years from now? Will central banks, commercial banks, governments, regulators and these fiat companies that make a living out of showing a polished UI/UX on top of an overly complex and fraudulent system be the winners?
Or are they wrong in the same way that it seems that Google will be disrupted by AI and these fiat boys are going to receive the lesson of their lives? How can we make it so that 10 years from now bitcoin is the thing and not these ultra-fiat companies and institutions?
Please discuss.