So far it has been exceedingly successful. The existence of “stablecoins” is one piece of evidence for that. The other is that I still had to use fiat when buying groceries today. But more importantly: right now it is impossible to touch down in a new country, find a job as a dishwasher, and earn a living in #bitcoin. Something that was common in America and around the world when money was still gold-backed and “immigration restrictions” didn’t exist.

These are three pillars on which the success of #bitcoin can be measured. We’ve accomplished none.