I’ve been living and breathing Bitcoin for the past five years, and I’m still amazed by how badly this genius invention has been corrupted by those who were supposed to guard and maintain it.

If newcomers saw what long-time Bitcoiners see, I doubt they’d be so confident about participating in the network. Most would likely walk away. I don’t think they have the patience or the nerve to endure the governance dysfunction, despite Bitcoin’s clear technological superiority over everything else.