Ever since the invention of the Prius the auto industry has debated about whether hybrids will need to serve as a bridge to pure EV's until the tech gets more advanced.
The Prius has been in production for more than 20 years now. Toyota just came out with their fifth generation of the vehicle. And we're still nowhere near mass adoption of the EV.
I think this can serve as an allegory for bitcoin adoption, as there are lots of similarities to EVs.
Both face deeply entrenched legacy infrastructures that are simply the most convenient option for the majority of people.
Both are are on the bleeding edge of technology and can be difficult to use. Expectations for the new thing to behave like the old thing can often lead to bad outcomes.
Both tend to be more expensive to use.
All this will change over time but I think considering the bitcoin version of the hybrid vehicle is valuable. Long term, these might not be ideal ways for people to use bitcoin but maybe they can serve as a bridge to lead us to better options down the road.
rheedio
npub1z0…wxuxf
2024-04-08 16:36:03
Author Public Key
npub1z0rrmak9v5drkr3a20e5pehrwzc5pf392apfl5t9h9qk928nay3s7wxuxfPublished at
2024-04-08 16:36:03Event JSON
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"content": "Ever since the invention of the Prius the auto industry has debated about whether hybrids will need to serve as a bridge to pure EV's until the tech gets more advanced.\n\nThe Prius has been in production for more than 20 years now. Toyota just came out with their fifth generation of the vehicle. And we're still nowhere near mass adoption of the EV.\n\nI think this can serve as an allegory for bitcoin adoption, as there are lots of similarities to EVs.\n\nBoth face deeply entrenched legacy infrastructures that are simply the most convenient option for the majority of people. \n\nBoth are are on the bleeding edge of technology and can be difficult to use. Expectations for the new thing to behave like the old thing can often lead to bad outcomes.\n\nBoth tend to be more expensive to use.\n\nAll this will change over time but I think considering the bitcoin version of the hybrid vehicle is valuable. Long term, these might not be ideal ways for people to use bitcoin but maybe they can serve as a bridge to lead us to better options down the road.",
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}