Being too early is just as deadly as being too late.
[Thomas Edison's concrete houses](https://en.m.wikipedia.org/wiki/Edison_Portland_Cement_Company), any startup with a novel product society isn't ready for yet, "the market can remain irrational longer than you can remain solvent", etc.
What if Bitcoin - in this accumulation stage - is the first viable backstop to that problem? If an early innovator holds enough bitcoin and the price appreciates just more than their overhead, they can stay "disastrously early" for however long it takes to flip over into "just in time!". And society reaps the rewards of an invention it may never have seen or seen much later.
Bitcoin appears to be providing this service _to itself_ as well. That's combinaton is a goddamn civilization hack right there....
If this is true, we're playing with an **innovation tractor beam that drags the future towards the present unlike anything else** we've ever seen.
GM
It closes the loop for what wins the market. :w_ouroboros:
That which is ultimately valued, but takes longer time and more effort, and loses for short term gains. Bitcoin not only encourages an attractor to true values, it is the energy to bring it faster.
Fiat fireworks fade. Bitcoin builds cathedrals.
