If you look at the long arc of Bitcoin’s history one truth keeps reasserting itself. Bitcoin is not just a price chart. It is not just a speculative asset. It is a functioning decentralized network with properties that are extremely rare in human systems. The price rise over the past decade is a reflection of people slowly discovering those properties but that discovery is incomplete.
When education fails to highlight the fact that Bitcoin is a live permissionless network, people naturally begin to see it as nothing more than a token with a fixed supply. At that point the comparison to something like a bank issued coin becomes justified because in their minds there is no distinction between the two. If the network itself is ignored or goes underutilized Bitcoin loses the very qualities that make it extraordinary.
If you look at the long arc of Bitcoin’s history one truth keeps reasserting itself. Bitcoin is not just a price chart. It is not just a speculative asset. It is a functioning decentralized network with properties that are extremely rare in human systems. The price rise over the past decade is a reflection of people slowly discovering those properties but that discovery is incomplete.
When education fails to highlight the fact that Bitcoin is a live permissionless network, people naturally begin to see it as nothing more than a token with a fixed supply. At that point the comparison to something like a bank issued coin becomes justified because in their minds there is no distinction between the two. If the network itself is ignored or goes underutilized Bitcoin loses the very qualities that make it extraordinary.