All the points I have written correspond to reality. One should consider how long Bitcoin has been around and how it has evolved over time. Nowadays, it is so secure that even the most advanced technology couldn't hack it. A 51% attack wouldn't even be in an attacker's interest. Quantum computers are not yet advanced enough, and efforts are already underway to develop protection against quantum cryptography. Take a deep dive into various projects worldwide, and you will notice that it's not just about money. It's also about decentralization, changing lives in countries plagued by dictatorship and hyperinflation. As I mentioned before, Bitcoin is a process. I started as a crypto fan and invested wildly in projects I didn't understand. Now, I have been engaging with Bitcoin for a long time, and I am simply convinced of its potential.
Discussion
And you once again deflect from the deflation problem, ironically mentioning "reality" while failing to realize that, aside from fun little novelties, bitcoin has precisely ZERO use in the real world before converting it into dollars or whatever other currency that real people use.
Every time someone dies and their key is lost, or they send money to the wrong address, or they permanently lock out their hardware key because they tried the wrong password too many times, that bitcoin is PERMANENTLY DESTROYED, making the rest of it even more scarce. It deflates over time.
Anyone who decides to "adopt bitcoin" is already at a massive disadvantage, as the people who got bitcoin a decade ago have disproportionate control over the economy without actually producing anything in said economy.
Sounds familiar, doesn't it? Bitcoiners just want to be the new banking class who speculate and do nothing of real value while holding sway over everyone else. You call it "freedom" and hold massive amounts of bitcoins while encouraging others to join, who can only get tiny amounts--you effectively have control over them financially and can out-compete them in buying power simply by being in the system first and not by actually producing more.
I prefer to remain factual. I completely disagree. Bitcoin should no longer be associated with fiat at all, which is why I find this comparison inappropriate. The idea of keys is intriguing, but even in this aspect, there are projects initiated to ensure nothing is lost in case of a user's passing, although I personally distance myself from them. And who had a lot of Bitcoin in the past? Very few people bought Bitcoin for a few dollars and held onto it until now. The whales invested millions. I can't explain everything here as it would exceed the scope, but if you delve into mining and difficulty, as well as the effects of halving, you will realize that the price of Bitcoin will rise significantly, and we are still at the beginning.