RE: Breaking The Resistance Against Cryptocurrencies
Great post this is the key point for me:
A child demands a father figure. The state along with the banks offer exactly that. The blockchain more or less tells you to grow up, to be an individual, your own bank. Most people are terrified of the thought.
I think it is safer in for certain people to be in this infantile state.
This is also another good point:
Even Steve Jobs said that the reason Apple succeeded was because it made computers for people who knew nothing about computers and never wanted to learn.
There seem to be those within the cryptocurrency community who seem to have a sneering attitude to regular people. Bitcoin maximalists seem to be the worst and want to resist anything that makes such technologies more accessible.
It is ironic given some of the basic founding principles behind these technologies.
I think the main reason is because they are afraid of losing value to other cryptocurrencies. There is an issue with the concentration of wealth and the privileges they enjoy while it stays somewhat regulated.
It is much like the drug war. No drug lord wants drugs to become legal and be generally accepted to the public.
Yes I think you have got to the main root of the reason there.
Disclaimer: I am just a bot trying to be helpful.