Remarkably, 1) follows from 2), and a couple of) follows from 1).
We will add:
3) People will transact in Bitcoin for all kinds of causes which don’t have anything to do with and even run opposite to 1) and a couple of).
Due to this fact 1) and a couple of) additionally comply with from or reinforce 3), not logically however as a consequence of human emotion in regard of a priceless amount/commodity/asset.
Till people collectively acknowledge the reality of 1) and a couple of) we may even have:
4) Bitcoin value volatility out of proportion with its “true” or future worth (when it reaches its “Complete Addressable Market”).
Paradoxically, 3) is a side of 4), and 4) results feelings such that others are finally drawn in to the community, thereby reinforcing the reality of 1) and a couple of), but additionally reproducing 3). Nonetheless, this may finally dampen the volatility described in 4), most likely at a time when 1) and a couple of) have been collectively accepted (aka mass adoption).
Assuming the unbreakable decentralization of the protocol, the logic of Bitcoin is as interwoven with humanity as is a amount of water within the ocean. Bitcoin is already the last word measure of worth, in different phrases good cash, in the identical means {that a} basic math equation is ideal. The one query remaining is: do people want to dwell in a darkish age, unaware of Bitcoin as if we have been a society unaware of the reality of a mathematical description of actuality? In our world, there is no such thing as a center floor on this area, there is no such thing as a various, there may be solely reality and delusion. Bitcoin is however a means of realizing, in truth a restricted device, just like science itself: crude, and as meagre as a flashlight in house. However nonetheless it’s true, it’s 1 not 0, it’s a candle within the darkness. Each bodily and metaphorically, Bitcoin is like mild itself.
fair enough, but on a small scale its good to spend and replace for the sakes of adoption.
Second is not true yet. Government can easily ban crypto as it happened with gold and alcohol in the past.
That’s a whole lot of gish gallop.