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0 sats \ 0 replies \ @Scoresby 22h
I do believe this, yet I wonder if even I would spend as much time as I do on Bitcoin if there was never any big price jumps. If the price (what I can buy with my bitcoin) stabilized at whatever it is now and stayed there for 10 years, how many people would jump ship?
It is possible that it's not eroding, but rather that this is always how it's been -- the packed mempools being accounted for by various non-bitcoin as money things over the years. (I don't think this is correct, but I do wonder if the era of most self-custody was 2009-2011 before the exchanges really got going. And ever since it's been a downward slide.
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