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by I_Am_Nous 979 days ago
I remember John McAfee promising to eat his own dick if Bitcoin wasn't worth $500k in 3 years. He later said those hyperbolic statements were just to onboard new users (making them lies? fraud?) which makes sense as he was doing a daily coin/project shill for a while which pumped and dumped various coins he held.

A real world example of how Bitcoin didn't work, even though it could have worked is Steam[1]. They tried, and while gamers are more likely to be able to handle the intricacies of crypto than most of the rest of the population, there are just some really difficult issues to solve with using raw Bitcoin.

Virtualized networks on top of Bitcoin like Lightning[2] seek to solve some of those issues, but bring their own complexity and issues including finding enough VC money to bootstrap the network into even having money to function.

1. https://steamcommunity.com/games/593110/announcements/detail...

2. https://finance.yahoo.com/news/bitcoin-lightning-network-sca...