You have little faith in humanity. Bitcoin can only be a speculative asset as much as the dollar and other fiat currencies can keep inflating. Since the US dollar and other fiat will not inflate forever but will eventually suffer a call on the debt stacked, Bitcoin will spike at that moment away from the false stagnation it suffers. The game is playing out as it should. Bankers will exist as Bitcoin will exist. Bitcoin is like the ability to talk to anyone via the internet, and Fiat is like propaganda to skew our speech. As long as we keep talking, everyone will realize their mucky thinking is because of fiat and we shall slowly evolve towards a near full hyperbitcoinization state. It'll take time though. But here's the hope, the boomers who grew up in peak fiat and are now rich because of it have about 30 years then it will be millennials who were at most 20 when Bitcoin was invented. They'll not hardcore fiat like their parents. They know the price of thinking one can have a free lunch, a slow decay to what we have now even as comforts have 10xd.
You have little faith in humanity. Bitcoin can only be a speculative asset as much as the dollar and other fiat currencies can keep inflating. Since the US dollar and other fiat will not inflate forever but will eventually suffer a call on the debt stacked, Bitcoin will spike at that moment away from the false stagnation it suffers.
The game is playing out as it should.
Bankers will exist as Bitcoin will exist.
Bitcoin is like the ability to talk to anyone via the internet, and Fiat is like propaganda to skew our speech. As long as we keep talking, everyone will realize their mucky thinking is because of fiat and we shall slowly evolve towards a near full hyperbitcoinization state. It'll take time though.
But here's the hope, the boomers who grew up in peak fiat and are now rich because of it have about 30 years then it will be millennials who were at most 20 when Bitcoin was invented.
They'll not hardcore fiat like their parents. They know the price of thinking one can have a free lunch, a slow decay to what we have now even as comforts have 10xd.