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@ mike
2025-05-30 12:17:20
We often compare the evolution of Bitcoin with the early days of the Internet. But there is a subtle difference.
The Internet allowed you to do things that were impossible, or at least extremely difficult, to do without it.
Bitcoin is just another type of money, yes, it is better, but as a privileged westerner my government fiat has no major barriers or issues.
When doubters saw that you could send a photo to somebody on the other side of the world instantly with the Internet they were hooked.
When doubters see us paying for stuff instantly, it doesn't get the same wow moment.
The value proposition of Bitcoin is more subtle, just as compelling, perhaps more so, but it takes time and effort to see its value, unlike the Internet where one cat JPEG can change your mind instantly.
Yes, I did use the cat JPEG metaphor in an ironic way 😂