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Just cause it has potential doesn't mean that potential will be fulfilled.
We actually have to do stuff.
We actually have to do stuff
God forbid we decide to boycott fiat and begin transacting in Bitcoin amongst ourselves. That's just too hard.
I think we just need another tool, another wallet, another fork, another conference, another podcast, or another political hero to follow. This is how we pretend we're winning, without having to do any hard stuff.
I use bitcoin when and where I can, I just have to go way out of my way most of the time to use it.
For me personally though its so worth it, every transaction feels like fucking magic and I still feel that way even years later.
Even if lightning doesn't work the first time and i have to try the transaction again what it represents is so fucking cool it is fun and worth it. It still feels like magic to see what is going on 'under the hood.' What the possibilities are.
One of the coolest things I have ever done is open a lightning channel, write an article, get tipped a couple of sats from the article and then buy some fries with 'ma channel.'
It is badass.
I truly believe everyone will want this shit given time, opportunity, perspective, and a little education they just don't have those things now... and that is responsible for most of the challenges around bitcoin.
do you think anything has changed from a year ago when you wrote that?
how likely is it that fewer people are using bitcoin now?
I think that (puts on tinfoil hat) we will eventually have a collapse of the dollar and the US treasury market, because the united states is living way way beyond its means.
Add to that the indebted European countries (ie France) and the civil unrest associated with 'something for nothing' (unfunded government liabilities in france but all of Europe too) and I believe there will be revolutions in many of these countries and greater bitcoin adoption will be a byproduct.
Property rights and sound money will happen in the common parlance... when fiat has completely, utterly failed which I think it will eventually even if it takes a long time in western countries. Sometimes people have to lose it all before they recognize the value that sound money provides to them.
In specific answer to your question we need to have a far more open mind when it comes to expectations as to how long it takes for perspectives to shift. Last time i really thought hard about adoption I came to the conclusion we need 10 more years.
Bitcoin today has fulfilled ~ 1℅ of its potential.
Still 99℅ the same story today IMO -
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