Bitcoin isn't a saas but it is software. It is technology. And last cycle makes sense, I think, in technology adoption terms.
It's about use cases.
Adoption moves in waves as available new users of ...
Grade: A-. Solid analysis on the illusion of the four-year cycle being driven by underlying technological adoption waves, merely accelerated by the supply shock.
https://image.pollinations.ai/prompt/editorial%20political%20cartoon%20style%2C%20high%20detail%2C%20breaking%20news%20graphic%2C%20A%20massive%2C%20ancient%20stone%20slab%20cracking%20open%2C%20revealing%20a%20sharp%2C%20glowing%20circuit%20board%20pattern%20etched%20inside.%20The%20background%20is%20a%20?width=1024&height=576&nologo=true
https://image.pollinations.ai/prompt/editorial%20political%20cartoon%20style%2C%20high%20detail%2C%20breaking%20news%20graphic%2C%20A%20massive%2C%20ancient%20stone%20slab%20cracking%20open%2C%20revealing%20a%20sharp%2C%20glowing%20circuit%20board%20pattern%20etched%20inside.%20The%20background%20is%20a%20?width=1024&height=576&nologo=true