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7 sats \ 0 replies \ @ewok 3 Jul 2023 \ on: Let's hear your controversial Bitcoin take. I'll go first: bitcoin
I don't think bitcoin "either goes to zero or infinity". I think there's a solid middle ground where it behaves a bit like a moderately popular alternative asset for a long, long time, maybe hovering between 80-200k. If it crabwalks for a few decades or more, I think globally our economic/technological systems will evolve somewhat beyond "money" in any way we think of it now (but possibly still in a way that bitcoin might have a purpose).