21 sats \ 1 reply \ @tomlaies 25 Oct 2023 \ parent \ on: What will catch Bitcoiners by surprise? bitcoin
even in the face of life-altering inflation. People will continue to use what they're used to
The pessimist takes on adoption have definitely increased recently. I wonder why. In life-altering inflation (whatever you mean by this) people will flee to stocks and real estate and also Bitcoin.
That's not a bad thing if the first waves have only a little Bitcoin adoption and the second more and the third even more. It's natural.
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21 sats \ 0 replies \ @CoSatoshi 25 Oct 2023
I agree that some will do this. Hell, they're doing is now. But the masses by and large will not, IMO. However, I do think there is a light at the end of the tunnel; and that light is education from Bitcoin Maxis that the everyday normie knows and trusts. The more of us there are, the better. In the very very long run, people will ultimately turn to Bitcoin, I just think it's going to take a lot longer than most of us may believe, however rational it may be.
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