What is the “Hundreth Monkey Effect,” and how does it relate to #bitcoin adoption?

Time for a 🧵 The hundredth monkey effect refers to a hypothetical social phenomenon that was popularized in the 70’s by Lyall Watson, who documented the findings of Japanese primatologists from the 1950’s.

The story goes like this:

#Bitcoin is inevitable.

There is a growing number of people that refuse to play the fiat game. We don’t buy paper assets or invest in rental properties, we only accumulate bitcoin.

We run nodes, and will refuse to update the software to any version that changes the…

1/6 …core principles and incentives of bitcoin, such as the issuance schedule (supply cap), for example.

Many of us also mine bitcoin, contributing to the security of our chosen network, and in some cases, heating our homes and garages while doing so.

We understand how…

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