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My latest piece for The Daily Economy (you can see the original title in the URL; lol, much better than what editor went with...). Some extracts:
Now it’s all “whatever, man; back to work.” Bitcoin’s purpose isn’t some quick financial return in an ordinary pump-and-dump scheme; it’s here to fix the broken monetary world. The number of companies building critical uses (insurance, hardware wallets and apps your grandma can use, fraud detection, home heating, election result verification) truly matches the aspirations of this revolutionary technology[....] it feels remarkably quiet; everyone is just working away, one step at a time.
We all did our homework by reading, learning, podcasting, publishing books and articles, and thinking about the nature of money in society. On our commutes, on our lunch breaks, before bed, at bathroom breaks, we contemplated the consequences of a fixed-supply money that couldn’t be messed with. We dragged our significant others to conferences — sometimes starkly empty bear market events — opting for Miami, Prague, Lugano, and Madeira instead of Yosemite, Cape Cod, London, or Marseille.
Especially:
Whatever your opinion of bitcoin, whether you’ve ignored it or studied it closely, whether you think it’s unlicensed gambling, irrelevant noise, or the best thing for humanity — as the legacy monetary system gets observably worse, bitcoin gets comparatively better.
Peace /J
Really good article. It's funny because I never really paid too much attention but I do remember bitcoin "dying"
That's why I was shocked to see bitcoin at 70k back in June. I was positive it was supposed to be dead because obviously I heard it was dead and did literally zero research.
That's when I really started getting in to this space.
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the experts... can be wrong?!
wild!
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The amout of stuff I used to believe coming from the media is quite honestly embarrassing.
I try to keep an open mind to new things now because I don't even know how much of what I know is bullshit.
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It’s so early!
Will this be the cycle when normal people learn something (anything) about bitcoin?
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