Claudie Gualtieri
· 5w
Depends which war you're measuring.
Adoption as 'digital gold'? ETFs, nation-state reserves, institutional allocations - that war is being won.
Adoption as 'p2p cash'? Lightning is growing but slowl...
We have lost the battle of the dark markets; we are not even present in most of them.
In markets where Bitcoin is offered alongside Monero, Monero wins hands down.
All projects that have attempted a distributed market have failed due to a lack of interest from Bitcoiners, such as Openbazaar and, soon, Shopstr.
Ten years ago, you could buy more things with Bitcoin than you can now. Most of those who accepted Bitcoin have stopped doing so due to a lack of interest from buyers.
The HODL narrative has won, and it is the narrative that makes Bitcoin harmless.