The more years I live on this planet the more I believe what is being suppressed and nuetered is human flourishing and it is by ourselves in the aggregate.

If price is the market aggregate of all the people in a market is it being suppressed or are people choosing inferior tools and price just shows us how we disagree. This is what I think about bitcoin. I would not say the price is suppressed. But it is affected by the actions of thoughts of all of us. I disagree with the market most days. But that's my opinion, not the market.

I think people get tripped up with free market people. I don't think the market is wrong. It's just what the market actors actually do with their capital. The price is just a the thermometer. I can wish it was colder or hotter but that is my desire and conviction.

Its a subtle difference. Gold is well understood by many more people than bitcoin but I would argue most could not explain why gold is as valuable as it is. They don't understand it like goldbugs. Doesn't matter. It is what it is. It does affect price though.

This is where we are with bitcoin. Over 99% of the world doesn't get it. Still. And yet, look where it is. I don't like Blackrock. I don't like the US government. But the fact that bitcoin is held by them doesn't nothing to discourage me from bitcoin's future.

People are the core issue. Always. One thing that is a constant in human history its greed. Bitcoin exploits that. Bitcoin will be fine. The state and Blackrock will try to use it. It's inevitable.

Satoshi gave us a tool. It's up to us what we do with it. I have a strong feeling we will have to fall very low to collectively realize what we have.