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I thought bitcoiners were supposed to have low time preference. Why would I expect a revolution of this magnitude to take less than 20 years?
Adoption and use are clearly growing, not shrinking. "Making the switch" doesn't have to be a complete binary. There's plenty of room to do more business in bitcoin.
Growing interest in using bitcoin for SoV is a very odd sign of failure, since part of the pitch is that it's the best savings technology ever.
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Really?
Then why do I still see the "$" symbol at all of the Bitcoin conferences? Even Bitcoiners constantly use the words, "$x,xxx amount worth of Bitcoin", instead of using Sats as their base terminology?
Why are Bitcoiners cheering and advertising fiat credit/debit cards?
Why are we almost two decades into this "revolution", and there is still no credible threat to the fiat system because of Bitcoin's existence?
The Bitcoin narratives of the past decade are starting to sound silly. It has become an "investment" in the eyes of 99% of the Bitcoin community, and for 100% of the normies.
Bitcoiners generally claim to believe the dollar has been hyper-inflated, and yet they continue to use it, happily. It Bitcoiners aren't making the switch today, what makes you think they ever will?
Bitcoin is failing, and not even hyper-inflation in fiat-land will be able to save it at this point.