Part 2/11:
This week, a wave of skepticism and misinformation has flooded the market. Notably, some figures within government and traditional finance have publicly dismissed Bitcoin, comparing it unfavorably to Beanie Babies—collectibles with no real utility. A Federal Reserve official went as far as to suggest Bitcoin's only role is to subvert marijuana laws, a clear mischaracterization that angers many in the community. Such statements—by individuals paid to oversee and regulate—highlight the entrenched biases against decentralized assets.