As we get closer to a global bitcoin standard, one by one new economies, products, and services will pop up but built on bitcoin assumptions. And just like bitcoin itself, it will be a free market competition.
Discussion
That’s an interesting perspective. When do you think bitcoin will become the dominant currency in the future? 🤑
Example of this: Tidal’s market share today for music streaming is reportedly under 1%. Assuming bitcoin works, where does Tidal’s market share go if they have first-mover advantage being music-streaming-on-bitcoin-assumptions?
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The successful companies of the next 2 decades are companies led by bitcoin-minded folks who make decisively bitcoin-oriented business decisions. Tidal is well placed to displace the incumbents, as Nostr is well placed to displace twitter.
Although I will say, it’s going to be interesting to see if music streaming, like nostr, can be even more disintermediated/decentralized/p2p on a circular Lightning economy than it currently is at scale.
