Stu on Nostr: The world is never going to suddenly switch to an embryonic system, as bitcoin ...
The world is never going to suddenly switch to an embryonic system, as bitcoin currently is.
They will always bail out the existing system, until Bitcoin is bigger than local currencies.
That means a lot of building, lots of on/off ramps, lots of users and a decade+ proof of use.
Bitcoin needs to figure out things like open source lending books, open source limit order books, plus liquidity and monetary velocity.
I think 2 generations is a sober time frame.
They will always bail out the existing system, until Bitcoin is bigger than local currencies.
That means a lot of building, lots of on/off ramps, lots of users and a decade+ proof of use.
Bitcoin needs to figure out things like open source lending books, open source limit order books, plus liquidity and monetary velocity.
I think 2 generations is a sober time frame.