1/ Bitcoin was born in the aftermath of the Great Financial Crisis. It traded for pennies, yet a handful of people thought it might one day play a key role in global markets and even global politics.
2/ Here we are, 9 orders of magnitude later. The market is telling the world to pay attention.
3/ Bitcoin's first decade was about testing whether the core idea of a digital non-sovereign non-corporate money could work at all.
4/ Bitcoin's second decade - which just began - is about maturing as an increasingly accepted new asset class, a scarce digital equivalent of gold with new properties, and something of global relevance.
5/ Having survived attacks both technical and social, from banks, governments, journalists, and everyone in between, we now know that bitcoin works and is incredibly resilient.
6/ It has also seen four separate market cycles that generated exponential gains, and gut-wrenching corrections, ultimately taking bitcoin from a marketcap in the hundreds of thousands, to hundreds of billions.
7/ We will now see how this scarce, frictionless, digital, portable, uncensorable asset fares against a global macro backdrop of unprecedented central bank and government intervention in markets.
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