Hey All - what was the point for you that you realized it is Bitcoin only and nothing else? I know many of us have had previous journeys with shit-coins, trading in and out of Bitcoin and in certain cases falling into the mainstream narrative (i.e. it's a scam, it's a Ponzi, used for money laundering, only can buy drugs, etc.)
The tipping point for me was twofold. The first part was seeing the legal tender announcement by Nayib Bukele people who never had a bank account now can transact digitally at scale. This was a huge epiphany for me because, in their entire lives, many of these people weren't "credit worthy" to open up an account - so the banks let them down, and Bitcoin never let them down. I saw that Shitcoins often rugged people, didn't have absolute scarcity and often was led by a centralized tech team.
The next thing was understanding that a lot of our world remits money from the U.S. to a poorer home country. After seeing this, I realized Western Union and all of these traditional capital allocators are just rent-seekers trying to make a living off-fee income from the less fortunate. El Salvador has a large remittance market too, so after seeing this I realized that this is going to change the lives of many around the world.
Access to transactions in the digital age, paired with the ability to remit money globally for a much smaller cost - is what transitioned me to Bitcoin maximalism.
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