Thread by @MiguelCuneta

1. Who will be the first critic to say “I was wrong about #Bitcoin”?

How many decades must the Bitcoin network persist before the staunchest of Bitcoin haters like Krugman or Roubini swallow their pride and admit that it was all a big misunderstanding?

2. How many trillions of dollars in value will the #Bitcoin network, a once-in-a-millennia monetary phenomenon growing at an unprecedented pace with unstoppable momentum, have to capture to convince everyone that it is here to stay?

3. What if the internet was created so that #Bitcoin can be possible? A precursor technology to a more advanced, self-sustaining, stateless, leaderless, permission-less, living network, sustained by pure electricity, greed, and more importantly, human ingenuity, -

- allowing our civilization to advance towards its necessary and inevitable discovery of better money?

4. The irony is that #Bitcoin is ownerless, yet we're all its owners. A network that exists solely for one purpose - to mathematically, cryptographically, and programmatically keep its ledger honest & to preserve the objective truth about its history. That's it. Simple & elegant.

5. Driven by rules without rulers, it is fueled by ideas and ideals that are aspirational & inspirational to those that fell in its rabbit hole. Nobody today can claim that they truly comprehend the impact of such an invention, a network, a technology, created by, of all people,-

- an anonymous programmer whose identity will probably be forever a mystery, an inventor that did not seek glory, fame, or money. He gave what would easily be a life’s work to society for free, and in doing so, a deep need was fulfilled - the need for better money.

6. #Bitcoin is a phenomenon whose birth we are lucky to witness today. It's a monetary network that has no allegiances, no political biases, no discrimination, no exclusion, with total indifference to anything external to its protocol, unheard of in today's divided world.

7. No wonder why the very first forms of writing were ledgers, accounting records of who owns what and how much, & who owes what to whom. It's important! Literally, the first form of written communication was money. The Bitcoin network is also a form of written communication -

- with its internal workings readable in english, each transaction broadcast in plain text, using mathematics, the one language the entire universe understands. It's a communication of ownership & value. It's like Rai stones that exist in duplicatable and incorruptible form -

- everywhere, all the time, yet still inherently maintains the elements of scarcity and unforgeable costliness that make it work, by design.

8. Some people say gold is better because it was created by the forces of nature, that it is real, and that it has "intrinsic value". To them, I say that human intelligence and ingenuity IS a force of nature, and with much more intrinsic value than a noble metal.

9. We learned to harness energy and combine it with technology to recreate the properties that make gold a very good form of money, but in the form of technology, & with none of its limitations.

#Bitcoin is money that is better suited for the next generation’s networked age.

So who is it going to be? When will they finally admit it?

Honestly, who cares?

Definitely not the #Bitcoin network.