Likely, we're going to have rapid turnover in which financial gurus are being listened to and that will drive the changes in conventional investment wisdom. 

Those going bigger into bitcoin are already making more impressive returns and as their track records get longer, more and more people will listen to them.

Undisciplined

bitcoin

Teaching An Old Dog New Tricks

siggy47

Great essay! Your history is solid. However, as a 59 year old with a university degree in Banking and Finance, I am optimistic. I get your pessimism. I just think it results from short-term thinking. We are so fucking early. And compared to other monitary technology, awareness is happening at hypersonic speed. Over the last 20-30 years (Internet age), we became used to rapid tech adoption. Hell, we got rid of book and record stores completely. Wealth and money will come. But it will seem slowly, and then all of a sudden to us. 