Dan on Nostr: I heard a (simple) Bitcoin Podcaster host say something to the effect of the "last ...
I heard a (simple) Bitcoin Podcaster host say something to the effect of the "last company into bitcoin will be the loser".
The person is wrong.
Even if a person, company, or country, doesn't adopt until much later, they will still benefit and thus will "win" to a certain extent. They won't reap the huge rewards that the earliest adoptors will get, but they will benefit from a world with no, or limited inflation. The inflation benefit alone is more massive than most people can imagine. The economic value is so huge it would be hard to estimate. Then, there is the societal and social benefits that may be so good they cannot have a price put on them.
There really are no "losers" in the world of Bitcoin. In a Ponsi type seanerio there would be, but Bitcoin is the antithesis of that. Everyone wins.
The person is wrong.
Even if a person, company, or country, doesn't adopt until much later, they will still benefit and thus will "win" to a certain extent. They won't reap the huge rewards that the earliest adoptors will get, but they will benefit from a world with no, or limited inflation. The inflation benefit alone is more massive than most people can imagine. The economic value is so huge it would be hard to estimate. Then, there is the societal and social benefits that may be so good they cannot have a price put on them.
There really are no "losers" in the world of Bitcoin. In a Ponsi type seanerio there would be, but Bitcoin is the antithesis of that. Everyone wins.