Hearing people make predictions about bitcoin, I think everybody is forgetting that everything is overpriced today, in today's money. It's not like this is the starting point.

We've had over 100 years of monetary debasement.

In 1990, my parents got a mortgage on a 2 bedroom house for £18,000. They were on below average wages of around £10,000 each. 2 years ago, a next-door neighbour with the same layout sold for £155,000. Needless to say, the average wage in the UK is NOT £77,500.

I don't think "there is no second best" has landed with most bitcoiners. I've heared a lot of really sad bearish takes lately which assume bitcoin won't make things better, it'll just make you fiat richer.