People are always asking “when’s it going to happen?” When will we see the illustrious “Bitcoinization?”
I’ve explained this concept many times on the daily show, but I figured I’d make a nice little graphic for nostr.
So, when will it happen?
There’s a couple ways to look at it.
1. As Jeff Booth (npub1s05…eyhe)​ points out, you can start living in the future today.
You don’t have to wait for the TV to tell you. And by then you’ll have missed the great opportunity in history.
Spend more time/energy in bitcoin.
Spend less time/energy in fiat.
2. There will also come a point when more people will trust bitcoin than fiat.
Prior to the financial collapse of 08, most people had a decent amount of trust in government and the fiat dollar.
In 09, only a handful of people trusted bitcoin.
Since then, both levels of trust have went in completely opposite directions.
And the best part? We’re never going back. There’s no way in hell that OUR trust in fiat will ever go back up.
The reality is that it’s happening, slowly, every single day.
Less people are trusting fiat and more people are trusting bitcoin.
It’s just a matter of TIME.
