10 years of Bitcoin: winners and losers

On this day, as of today, January 3, 2009, the block 0 genesis that would form the current blockchain of Bitcoin was generated. We do not know if Satoshi was one or several people, but his legacy has left us for many books, stories, series and even movies and, his economic model of transfer of value has generated more than a headache to large companies and governments, encouraging to others towards their financial freedom, but above all, what we do know is that it is here to stay.

The concept of Bitcoin led us to Blockchain technology, a buzzword that everyone wants to appropriate, implement or possess, a young and constantly evolving technology that many still do not understand, much less know how to implement and take advantage of their models outdated management and administration.

But as in everything, there were winners and losers, those who triumphed with ICO’s and those who lost everything in “tokens” without value. Speculators won, coming from the current economic system, who applied the same rules of the game to something they did not understand.

We met Mr. SCAM, agreed by some, censored by others, who promised us great projects, great benefits, encouraged by the Hype of the moment.

There were good and bad, as in movies, those who promoted its use and functionality, and others who decided to do illicit business or simply steal to profit in this new crypto world, bad “hacks” hacking accounts and systems, and good “goodies” trying to put “doors to the field”.

We sold the “forks” as a consensus, but like everything that triumphs in business, it is quickly copied with slight modifications and taken advantage of in the consumer market in which we live. The communities confronted each other, like a “war” between countries, instead of joining forces and moving towards a common point of evolution and improvement.

We find the guilty, the righteous for sinners, but not the innocent. We did Pumps & Dumps in an irrational way without thinking about the consequences, without taking advantage of the technology, just for money.

There were those who reached privacy and freedom in their economic transactions, others made them more agile, many arrived where they did not arrive before, but at the end of the day, they continued to depend on the centralized system in which they reside.

There were regulations and legal actions, insufficient, as an attempt to control something that is uncontrollable, and will continue to try to dominate an unleashed beast that can not stand in the wide world of internet

And came the “stable coins”, the sidechains and the blockchains 2.0 to fix all this mess, but it seems that they only made it more complicated than we already knew and controlled.

For all this, and many more events that occurred and will occur, this young Bitcoin still has a long way to go … or not, but above all to humanity. Will we continue to see Bitcoin as a quoted value or will we wake up in a new economic system? Happy 10th anniversary.

Jose Felip

Jose Felip

The difficult thing is not to learn, the difficult thing is to know how to teach. Editor and coordinator of the free book "La era de las BLOCK punto COM" CEO of bitcoiner.today