The Bitcoin Rabbit Hole
- Hear people talk about it for some time, but brush it off
- Hear about it again and again, be intrigued
- Search "What is Bitcoin" - don't understand shit
- Invest small amount because why tf not
- Invest in other coins in top 50 because cool name and logo
- Yeah value go up, buy more
- Realize 99% off crypto projects will be worth nothing because of centralization
- Sell altcoins
- Begins to understand videos explaining Bitcoin
- Understands Bitcoin will increase more in price
- Why is this guy on YouTube telling me about economic history, I just want to learn more about Bitcoin
- Learns about history off money
- Learns about Bretton Woods-system, then the Nixon-shock
- Research wtf happened in 1971, naaah that can't be true
- wait, dollars is not backed by gold
- Understands Fiat money, naaah that's fucked up
- Become very interested in economics
- Thinks I fully understand Bitcoin now and there no more to learn
- okay there is much more to learn
- Studies game theory, network effects
- million forever
- You realize you have only scratched the surface
- Looks into philosophy and how Bitcoin not just changes the monetary system, but changes the world
- Wait, Christianity is not about a big guy in the sky??
- 1 BTC = 1 BTC = 100,000,000 SATS
- Bitcoin standard will unite people
- Automation will overtake, people will be free to do what they love
- Work will be mostly out of charity
- Bitcoin can't be stopped
- Bitcoin = freedom
.. to be continued
Submitted January 16, 2022 at 03:26AM by UnderratedUsername https://ift.tt/3tw71Op
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