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2026-10-21 17:09:10 UTC

violinteo on Nostr: I think that when it comes to Bitcoin's price, growth, performance, adoption, ...

I think that when it comes to Bitcoin's price, growth, performance, adoption, whatever you want to call it- all of it comes down to one thing, which is how long will it take a meaningful number of people to cross the conceptual bridge.

On one side of this bridge you have 99.9% of the world's population, which just naturally sees government money as money, and everything else as "assets." They have never known anything different, and they don't really think about why they have this perspective. They don't even realize that it's a perspective that can be questioned, or has alternatives. In this world, Bitcoin is just another asset struggling to gain market share with a utility value that is difficult to see, against a ton of assets with very tangible utility value that is obvious to everyone.

I believe that a lot of bitcoiners are still on this side of the bridge- including many who are well known, appear on podcasts, etc.

On the other side of the bridge, government money is not capital M- "Money," it's just a form of money that's being used right now, and is currently in competition with other potential forms of money, one of which is Bitcoin. From that perspective, when you compare the qualities of Bitcoin as money against the qualities of fiat as money, there is no comparison. Bitcoin is so obviously the winner. From this view, we have the ability to choose to use a form of money that is better.

It is difficult to get to this side of the bridge, but once you're here, you will never choose to leave.