1/ #bitcoin
What I find amazing is how history repeats it self. In the late 80's early 90's few people understood how some of the companies which are giants today would totally change the world. Bitcoin is bigger.
2/ Very few get it. But this is going to change in a very big way this next 10 ish years from 2019-2030. even many bitcoiners don't fully comprehend what we are going to see. It is so hard for people to imagine what a new technology will bring.
3/ Bitcoin is bigger it is much more than technology.

I will keep repeating. These three things are very big movers of price.
4/ Scarcity - The world barely understands real scarcity which is imposed by Proof of WORK,
1. Bitcoin is Fixed in Supply - The Stock to Flow is known issuance. PlanB's estimates are based on early understanding as seen through the prices which Bitcoin traded at.
5/ Over time Scarcity will be even better understood.
2. Bitcoin and its ecosystem are Exponential Technologies. Further, they are built on exponential technologies of both the internet and the mobile internet. This means that applications can go from almost no use to billions
6/ in a few short years. As that begins to happen demand will explode for buying #bitcoin and it will be met with an essentially fixed supply.
#bitcoin has no secondaries. Unlike comments I have heard regarding Forks, the #bitcoin ecosystem is unique. Network effects do
7/ attach to alternative "coins." Those disputing scarcity misunderstand this. New scaling layers will mitigate the effect of increased transaction costs on the base layer. Further, the security which comes with the base layer is "Worth it" The old joke about why is such and such
8/ so expensive, Answer: because its worth it!"

3. What I call the Wintel effect. Actually this description is inadequate. The #bitcoin effect is much more robust, much bigger. Every new business which builds on bitcoin, every new application drives demand for #bitcoin and
9/ as a result drives #bitcoin's price higher.

As the World comes to understand prices will reach levels few can imagine. Many will look back at 10K and say you paid $1.00 USD for 10,000 Satoshis SATS! That's insane. Today that's 100X, 1000X in buying power.
10/ Imagining a world which is different from the one you know is very difficult.

Yet that opportunity is here with us today in #bitcoin.
/6 and /7
TYPO in thread
Network effects do NOT! attach to alternative "coins."
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to BitcoinTina☣️- "TINA" (There is no Alternative)
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!