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One thing that always disturb me more and more with bitcoin communities is this tendency to always encourage to support optimistic point of view, without a clear rationale behind it, more based on repeating catch phrase as some kind of sales pitch, and that everyone who goes against it is called 'fud' without much other thought.
Even at any rate, FUD as spreading uncertainty and doubt can only be healthy from a philosophical point of view, even socrates in the day has been condamned mostly because he was supposedly casting doubt on the installed social dogma, and always saying doubt is always something healthy.
Actually this whole trend start to remind me more and more cult tactics, as when people are deemed to be negative because their don't sing the rainbow with the crowd, that they are not true believer or idk what, in the meanwhile ignoring all the flaw and problem in the personalities or dogma which always tend to lead to some sort of cultish mentality, where critical thinking become more and more absent.
It's not to do bitcoin bashing, i think there still lot of good things in bitcoin technology, but it has also many problem that are never really issued, and when they are pointed out, it's called fud or idk what and people keep going with their sales pitch that it's going to get to 10 000$ and making wishfull thinking promise of glorious future, while ignoring all the problems and issue in the way.
Like the first kind of dogma is that bitcoin is decentralized like an hydra. Well actually i don't think today there much anything being decentralized in bitcoin anymore, all the mining is centralized, most of the volume is made through centralized exchange, and i would even say that bitcoin today become even more centralized than banking system, as all the decision power is probably concentrated in much fewer hands, most of the volume happens through centralized exchange who have ownership of the private key, so they could just go mt Gox and go away with all the coins, without any kind of decentralized power to counter it.
To me it looks more like a centipede than an hydra, in the sense most users are just holding coins on a centralized exchange , sitting on the coin waiting for them to go up, and there is very little people who can actually be considered as 'heads' in the sense setting a clear direction and objective to the bitcoin, more waiting for things to happen that will fullfill the prophetic gospel of bitcoin reaching 10 000$ or 100 000$, even if there is very little rational behind.
Even how the whole war between segwit, bitcoin cash, LN , bigger block and all is raging, it show it more look like an headless centipede than really an hydra. It really feel like there is not a clear plan with it, other than everyone singing in choir that it will rise to 10 000$ HODL buy in order to keep the greater fool scheme going, and very few actual perspective to solve all the problem of scaling that doesn't degenerate in full centralization.
It's all more about buzz words and promise of bright future than actual plans and rational arguments, all the time avoiding all the flaw and problem in order to keep the ball rolling, aligning buzz words after buzz words, even if the technical problem are always avoided being deemed as FUD, just like when people start to raise a voice in a cult are being called negative.
And still need to face than most of the actual practical use case for bitcoin today are really more to mount scams, ponzis, pyramidal scheme, and shady financial things, rather than really providing true services for the people, and i rarely this problem being really mentioned among the sales pitch, which is still quite a problem to me, especially for layman who don't really know what bitcoin is about, the front end of it still comes mostly with centralized site promising wonderfull return and just being ponzis or scams.
It can be really easily understood also why many institution and big names frown uppon it where still 90% of the volume and use are scam, ponzi, centralized exchange who concentrate more power in few hands than anything, there is very little actual planning for useful cases, and people are still there selling the catch phrase of decentralized currency and all, mostly in order for price to climb up and more people to buy it at higher price in order to make profits on this bubble.
It's not that bitcoin is really a scam in itself, but most of the use case for the moment are still scam or centralized buisness, and when anyone even point this out, it's called 'FUD' , and being rejected as such without much rational analysis of the situation and the problem that are pointed to, which i don't think is very healthy for the long run.
And if the community actually had certitude and solid rational behind their belief, they wouldn't be so sensitive about the 'FUD', and the very fact that FUD can be so effective on bitcoin price and perception show very well that deep down there is very little solid rational for many of the promise behind it, except 'it's still early', 'it will improve' it's an hydra and can't be stopped, and all this start to look more like mythical and cultish than anything really grounded with solid rational and solid planning on how this future is supposed to come by, with solid analysis of the features and technical-economic background with objective comparison with other tech.
All this start to really become more and more worrying to me i have to say lol I think also most of the true serious people have left the thing for the moment seeing how it's becoming more and more whatever, and how the community seems really blinded by promise of huge return and huge profit sitting on coin on exchange and reapting pseudo moralizing mantra of decentralization where as there is very little truth to it anymore.
Well again it's not to do bitcoin bashing, but more to take a good honnest look at the situation.