Hot take straight from Global.

Actually I've said many times, also here, that my stance on Bitcoin is not that it will destroy the status quo and the 0.01%, but that it will give plebs access to them.

A portion of the incumbents will ignore it and be swept aside, and the 0.01% will shed some unnecessary and lazy fat, as it constantly does, nothing special here. Another chunk is still fighting it, and by the time they give up, they will be late to the party.

But another chunk will transition to the Bitcoin regime through cooptation and force, as incumbent elites often manage to do with every revolution. nostr:note1f9dkqf6y6lnum3vdyhy52zyk84vka7ch9r63w78dlw6dgzsu8hxss0e8r7