> It was the beginning of an era in which Mr. Back quickly amassed influence and became a ring leader in the still small Bitcoin community. To staff Blockstream, he poached the top Bitcoin Core developers from their day jobs at companies like Google and Mozilla, giving him tremendous sway over the digital currency. He also became very wealthy: Over the next dozen years, Blockstream and its affiliates would raise $1 billion in funding and Blockstream would reach a valuation of $3.2 billion.
Why would anyone use bitcoin if the world's factory ie China wants gold as payments?
Even pro Bitcoin people like Balaji and Lyn Alden haven't answered this structural question. There exists market for what counts as money. If that market (led by China) says we don't accept Bitcoin, then these are just some random numbers.