Perhaps it is an oversimplification, but I think that a constant value divided by an ever-increasing variable always leads towards an asymptote. In other words, a strictly finite thing being paid for by any other type of money will naturally tend to be the thing that people prefer to use. As far as I know, Bitcoin is actually the first strictly finite thing we’ve ever found or created. Is this true?
As the first and only finite thing, I think that bitcoin isn’t just some trend or new tech product. But we live in a consumerist era where everything needs to be marketed so it’s easy to look at Bitcoin from that perspective. To me, Bitcoin is a new law of physics. I actually struggle to see a scenario where it doesn’t become the dominant unit of storage and/or exchange.
I’m also retarded.
What is hyperbitcoinization?
Chancellor on brink of second bailout for banks