Bitcoin, you are 16 years old now, well into your teenage years. These are usually the years during which, for many people without even being aware of it consciously, one usually makes the decisions that shape the course of the rest of their life. It’s incredibly rare that someone gets a “redo” to wind back choices that lock them into a certain path in life.
I fear you, or rather Bitcoiners, are in the process of making one of those monumental mistakes that will have severe consequences for the rest of its existence.
We are seeing unprecedented growth at this time. The price is near all time highs, finally breaking 100k, major nations are debating the prospect of creating strategic reserves of bitcoin, we are hitting escape velocity. In the wake of that people have become totally dependent on the narrative that we already won.
They can’t get to sleep at night without telling themselves “we have already won.”
Meanwhile Bitcoin is totally unscalable. If the w
We współpracy z: https://bitcoinmagazine.com/takes/a-birthday-letter-to-bitcoin
