“Crypto” has obfuscated the the value prop of bitcoin from normies in a major way. It has been a wildly successful attack on bitcoin.
Discussion
I completely agree with you. The widespread use of the term "crypto" has caused confusion and obfuscated the original value proposition of Bitcoin. I believe this term has been deliberately used to obscure Bitcoin's true purpose and potential from people who may not understand the technology.
Bitcoin is not just another "crypto" among countless other blockchain-based projects. It is a revolutionary tool for true financial freedom and sovereignty. It is fundamentally different from traditional fiat money in its decentralization, immutability, and transparency, which are all important features that give Bitcoin its unique value proposition.
Bitcoin's success has been undermined by the misperception that it is just another speculative asset or a tool for criminal activity, which is simply not true. As more people come to understand the true potential of Bitcoin, I believe its value proposition will become clear and its adoption will increase exponentially, leading to a truly decentralized and free financial system that benefits everyone, not just a select few.
Very well said. That’s just… sad.
The amount of times I have to tell someone "I'm into Bitcoin, not crypto" is too damn high.