The problem is that this world of standard bitcoin is not materializing; in fact, we are losing the war.
We're losing battles, but we're not losing the war.
The war is growing Bitcoin to a valuation that can support everyone on earth. That is happening, but it's a bumpy ride.
To use Bitcoin the world needs Bitcoin to be distributed to it, the primary group that drives that growth in distribution is the mining network. They are the issuers of new Bitcoin that sell most of what they receive to the open market.
Old Bitcoin can be convinced to come into the market when the price rises, and the price rises more than it falls. As long as new Bitcoin is being made in a decentralized way, and sold to plebs around the world, eventually it will become the defacto mode of payment.
The war is growing Bitcoin to a valuation that can support everyone on earth. That is happening, but it's a bumpy ride.
To use Bitcoin the world needs Bitcoin to be distributed to it, the primary group that drives that growth in distribution is the mining network. They are the issuers of new Bitcoin that sell most of what they receive to the open market.
Old Bitcoin can be convinced to come into the market when the price rises, and the price rises more than it falls. As long as new Bitcoin is being made in a decentralized way, and sold to plebs around the world, eventually it will become the defacto mode of payment.
