I would tend to agree, but let's keep in mind that adoption will happen in waves and remain welcoming for when the next wave arrives
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I would tend to agree, but let's keep in mind that adoption will happen in waves and remain welcoming for when the next wave arrives
Welcome to Nostr
Gotta look at Nostr + Zaps as a key solution to this problem long term.
No one will be 100% perfectly aligned with the new base layer from the very start during a humanity-wide phase change like this. We are all going through our own journeys allocating our time and energy from fiat to bitcoin 1% at a time. Both Saylor and Natalie are building bridges to help others within the narrative market. And Saylor has taken on a first-mover position within capital markets as well. Both are contributing more than they are harming, as they are very early and bringing awareness of bitcoin to the masses. At some point during the transition, both will face the decision to remain in the "fiat asset" camp or move to the "protocol base layer" camp. The decision may well be forced by ever-tightening conditions in the fiat world, combined with ever-increasing awareness of the bitcoin ecosystem's infinite possibility space. And the responsibility of taking action to bring about that awareness lies with those of us who have already made it there.
Inevitable
Was good to meet you this year Tanja
My read of Jeff’s “don’t measure bitcoin in the piece of paper” is: lots of people stop there in their understanding of bitcoin and all they see is NGU. That typically leads to thinking it’s ok to hold ETFs, playing leveraged games, and planning to one day sell back to USD. After you’ve understood that bitcoin is the new base layer and you choose which system you contribute your time and energy to, then it doesn’t hurt to make note of the USD price from time to time, because you won’t be going back and you’re just observing the natural disorder that must occur during a phase change like this.
By narrative bridge, I mean Saylor's media work is exposing people to Bitcoin for the first time (alongside his work building products for the financial markets). That leads them into the ecosystem and to learn about self-custody from those who are championing it. Yes, there may be some shitcoinery and stockcoinery mixed in. Perhaps Saylor now faces different vested interests compared to before. But it doesn't matter, because you and I and many others can speak the truth and share with others freely. And over a long enough period of time, the honest protocol (and its social layer) wins.
Truth, hope, and abundance for 8B.