As messy as SegWit activation was, it is actually one of most decentralized ways to activate something. Miners didnt force it through, devs didnt either and niether did social media or node operators. Everyone sort of got a say.

As messy as SegWit activation was, it is actually one of most decentralized ways to activate something. Miners didnt force it through, devs didnt either and niether did social media or node operators. Everyone sort of got a say. submitted by /u/dellintelbitcoin
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Bitcoin – The Currency of the Internet

A factor driving bitcoin's rally could be that people think owning it gives them social status

Analysts from Bernstein Research compared the recent demand for bitcoin to markets in China's anti-ageing medicine and high-end liquor. Their research considered the characteristics of a Veblen good — a product which gains its appeal from the social status attained by owning it. The analysts also …
Google Alert – bitcoin