Summary
Despite numerous revivals and a successful 13-year track record, many still believe that Bitcoin will soon disappear. This reflects a failure in effectively communicating and explaining what Bitcoin is, especially to the average person.
Key Points
1. Despite numerous revivals and a successful track record, there is still a widespread belief that Bitcoin will soon disappear.
2. This misconception reflects a significant failure in the industry’s outreach and communication efforts.
3. The industry has not effectively explained the nature and value of Bitcoin to the general public, particularly to individuals like Joe Six-Pack.