Seems the world’s starting to measure value again, most don’t even see it yet. You’d feel it though if you were standing last in line at a gold dealer, five minutes before the shutters fall because the shelves are bare. Don’t panic though, they can always dig up more gold to sell to you tomorrow.
Bitcoin doesn’t have that luxury. The supply is shrinking with every lost key and wallet taken to the grave. It’s not a a weakness, I see it as refinement. Each vanished sat makes the rest stronger, rarer, and more fiercely protected to prevent attrition over time. The Bitcoin shop door never closes, but the room inside gradually gets smaller and that’s exactly what gives it immeasurable value. If you don’t already, It might be time you took that seriously.
Totally! Humanity has burned centuries of brainpower inventing assets just to survive broken money. Now that it’s fixed, what happens when that energy turns to building/fixing instead of hedging. The compounding of this will dwarf AI’s productivity. Bitcoin has liberated or shall we say unleashed a creative force we haven’t seen in millennia.
Trying to “fix” mining is like trying to fix gravity. The market and the thermodynamics already wrote the rules.
blondeperfume432@walletofsatoshi.com
I have a mental image of you casually sipping coffee while observing a mushroom cloud rise above the city. As you do.
I think most of the people who are alive today will stay chained to their banks and governments. They’ll trade their liberty for comfort. A new generation, smarter and exposed to more hardship will use the new tools, open networks, sound money, and they’ll be the ones holding the power when the wells of trust run dry. I feel that In 2 decades, 80% will still be using centralised systems, in 3 , no one will.
People finding Bitcoin is the outcome of free market choice. If people start to fear an aspect of it, that same free market gives them the option to exit or build alternatives.
The Lazarus Candle
Getting ready for the Sunday night dip… after spending all your fiat on the last three Sunday night dips.
