TheHodlerRaccoon on Nostr: It’s hard to imagine, but just a couple of years ago, the Bitcoin landscape looked ...
It’s hard to imagine, but just a couple of years ago, the Bitcoin landscape looked very different.
Back then, btc was trading at 20k and its hashrate was 95% lower than today.
It had no legal tender status anywhere in the world and was not yet accepted on the Tesla balance sheet or any other major platform.
As far as software upgrades went, the lightning network and Taproot were not yet available.
The biggest Bitcoin market was in China, and there were only one third as many users as today.
Bitcoin inflation rate was twice as high, and there were no ETFs, no Paypal/Cashapp/Nostr/strike adoption/, and no Coinbase IPO. Etc.
It’s remarkable to consider how far btc has gone globally in such a short period of time.
Just a few years ago, the idea that Bitcoin could achieve the kind of success it has today was a distant dream.
Today, bitcoin is a household name and has seen an explosion of interest from major institutions and investors.
M.Saylor, who has become one of the most significant figures in the space, was nowhere to be found back then.
Also, many different narratives have arrived that have put a breath of fresh air. One of them has been "SOFTWAR" by JasonPLowery , a theory presented to the President of the United States, the Secretary of Defense, and the Joint Chiefs of Staff about the national strategic significance of Bitcoin.
Bitcoin has also infiltrated politics, with many senators supporting its protection by passing important bills, such as one by Cynthia Lummis
Others working on bitcoin, such as Dennis Porter and many others, are working to ensure that energy use associated with Bitcoin is done responsibly and sustainably.
The evolution of Bitcoin over the past five years has been remarkable and the price is only 24k. 🤯🧡
Back then, btc was trading at 20k and its hashrate was 95% lower than today.
It had no legal tender status anywhere in the world and was not yet accepted on the Tesla balance sheet or any other major platform.
As far as software upgrades went, the lightning network and Taproot were not yet available.
The biggest Bitcoin market was in China, and there were only one third as many users as today.
Bitcoin inflation rate was twice as high, and there were no ETFs, no Paypal/Cashapp/Nostr/strike adoption/, and no Coinbase IPO. Etc.
It’s remarkable to consider how far btc has gone globally in such a short period of time.
Just a few years ago, the idea that Bitcoin could achieve the kind of success it has today was a distant dream.
Today, bitcoin is a household name and has seen an explosion of interest from major institutions and investors.
M.Saylor, who has become one of the most significant figures in the space, was nowhere to be found back then.
Also, many different narratives have arrived that have put a breath of fresh air. One of them has been "SOFTWAR" by JasonPLowery , a theory presented to the President of the United States, the Secretary of Defense, and the Joint Chiefs of Staff about the national strategic significance of Bitcoin.
Bitcoin has also infiltrated politics, with many senators supporting its protection by passing important bills, such as one by Cynthia Lummis
Others working on bitcoin, such as Dennis Porter and many others, are working to ensure that energy use associated with Bitcoin is done responsibly and sustainably.
The evolution of Bitcoin over the past five years has been remarkable and the price is only 24k. 🤯🧡