Bitcoin & Crypto & NFT News
Have been following BTC for around 2yrs now and am well acquainted with the arguments for and against and the developments happening therin. However increasingly I have a feeling that BTC is existing in a bit of an echo chamber with the same self reinforcing arguments being propagated throughout the community and with little attempt to actually engage with people on the outside. ESG is a prime example. Bitcoiners are well versed in the energy script, and will detail just how US air conditioners use more energy etc but the reality is, the institutions don’t care. The institutions are so tied by ESG compliance they almost don’t care what the truth is, and thus it is highly doubtful that the Bitcoin maxim that “the institutions are coming” will ever truly play out in the way maxies believe it will.