3 Comments

Good thoughts. Though, I think Satoshi would be proud to see how far Bitcoin has come. The point if it being decentralized means anyone can join along, and that includes traditional finance. I'm sure he understood that if it got big enough this would be inevitable, and maybe even necessary if we wanted it to become big enough.

Expand full comment
Sep 12Liked by Satoshi Nakamoto

The Elites highjacked it by turning a utility token into a damned investment. That put it beyond the affordability of the people it was meant to help.

Expand full comment

I agree. Roger Ver is the man. I use USDC as a unit of account, except when Bitcoin is in a clear up trend. I don't miss trades on BCH now that I understand its dynamics from reading The Bitcoin Standard. After halvings or when hash rate is high for BTC, miners switch to BCH. Similarly, DOGE taught me a valuable lesson from Austrian economics, which is that any supply of money can provide for any size of economy (so long as it's divisible). Crypto is full of opportunity, including Bitcoin of course.

Expand full comment