Hot take:
It’s not right around the corner.
We have much work to do.
Most people still have no clue.
Discussion
Agreed. Much work to do.
I was talking with a friend last week who I hadn’t seen in years. He was telling me about the lousy job market where he lives and how it’s impossible to save money when everything is getting more expensive. I opened up a message thread I had with him and searched for the word “bitcoin.” I showed him where I had told him about it several years ago. He immediately asked me how to get started.
I don’t want to be that person who only talks about one thing all the time, because that’s also how you push people away. Sometimes the only remedy is to give them another gentle nudge so they realize what they missed the first time.
Had similar cases before also. It becomes easier for some people to understand as it evolves.
I think there is many perspectives and opinions. I believe full hearted 2030.
Agreed
From the epilogue to 'When Money Dies'
"Stability came only when the abyss had been plumbed, when the credible mark could fall no more, when everything that four years of financial cowardice, wrong-headedness and mismanagement had been fashioned to avoid had in fact taken place, when the inconceivable had ineluctably arrived."
It is going to be a hard ride to get governments to give up the ability to fund themselves via the money printer.
Hopefully Bitcoin will hold governments to account and prompt fiscal responsibility through open competition as Bitcoin slowly emerges as the more trustworthy option. This is optimistic. More likely government, addicted to the drug of inflation, will fight Bitcoin to maintain its monopoly. In this scenario, political collapse is necessary for hyperbitcoinisation.