Although crypto enthusiasts largely regard Papa Bitcoin as a storage of wealth, not an efficient way to transfer value, the general public still 🤔 thinks of it as a digital currency.
Bitcoin is still advertised as a more efficient, cheaper, discreet, way of making purchases.
The choir I’m speaking to here on Steemit, is aware there are far better cryptocurrencies for speed, privacy, and lower transaction fees, but it’s Bitcoin that’s been recently added to the CASH app, and it’s Bitcoin they accept at my local Philly Cheesesteak shop.
It’s like the biggest star on our record label is showing up late to gigs, tweeting obscenities, and destroying hotel rooms. While the more talented member of our roster have to wait outside of the radio station looking for a DJ to stalk, so they can hand them their demo.
Bitcoin is scaring away new adopters of Cryptocurrency! Before they get a chance to even hear about Dash, Litecoin, etc., they have already left the concert! We need to retire our drunken King before it chops off the heads of the rest of our monarch!