I think we are in agreement but stating it differently.

Bitcoin has been discovered and nurtured and these first 13 years were certainly far from inevitable.

Today, bitcoin will exist as long as there are humans alive that prioritize freedom.

Hyperbitcoinization happens when enough humans understand that govt money is slavery and bitcoin is freedom money. The tyranny of fiat ensures this will happen.

There isn't much incentive for first world humans to understand this yet. But the incentives the slave masters (central bankers, politicians, elites) are responding to ensures first world demand eventually.

Reply to this note

Please Login to reply.

Discussion

But ‘understanding’ assumes people can use reason appropriately while stuck in a house-of-mirrors kaleidoscope of clownery within the allegory of the cave.

Instincts are first principles. Incentives through reason and logical understanding is second derivative.

The primary mechanism for understanding is via lived experiences; unfortunate for many. Lo, enter the age of personal responsibility selecting against sapiens that are too slow to error correct and appeal to paleolithic group-think and collectivism!