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Showing posts with the label Paypal

The Bitcoin Vision: Lost but Found, and Being a Part of it by Bitcoin Optimist

In 2013 and 2014, the Bitcoin community was much more united than it is now. Back then, the community's excitement level rose when businesses announced they were going to accept Bitcoin. It was sign of legitimacy taking root when companies such as Microsoft, Overstock, Expedia, and Newegg started accepting Bitcoin - as well as the many other businesses Bitpay, Coinbase, and others brought aboard. The community eagerly awaited for the next big company to start accepting Bitcoin, as one major criticisms at the time was "what good is it if you can't spend it anywhere?" As this was a valid concern, the community consensus was unanimously in favor of accelerating business adoption.