An alternative phasing of #bitcoin : lottery ticket → insurance → lifeboat → money

Bitcoin started as an optional and massive "asymmetric bet" ( @real_vijay) that anyone could place on the future of money.
The events of 2020 have brought us solidly into the second phase.

No longer optional, owning bitcoin is now the prudent thing every responsible person *must* do to insure against the ongoing and disastrous fiat currency mismanagement around the world.
Next, bitcoin becomes a lifeboat that saves those who prepared from currency crises. Expect it to be priced accordingly. It's much cheaper to buy insurance *before* the disaster.
In its final phase, bitcoin becomes "boring": just money, and a permanent feature of the (new, eventually much improved) world.
You can follow @sgmavinkurve.
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