It is never too late to adopt Bitcoin as better monetary technology
 | A lot of people say it is too late to get into Bitcoin, but that only makes sense if Bitcoin is mainly understood as a trade. If Bitcoin is better monetary technology, the question changes. Nobody says it is too late to start using the internet because some people used it earlier. The internet became more useful after it was no longer new. Bitcoin may be similar as an open network, but the analogy has a limit: bitcoin the asset is scarce in a way the internet itself is not. So maybe the real distinction is this: it may be too late to be extremely early, but not necessarily too late to adopt the tool. Early users paid with uncertainty. Later users pay a higher market price, but with more infrastructure, more liquidity, and more evidence that the network survived. Would you say there is a point where it becomes too late to adopt Bitcoin? If so, what would actually make it too late? [link] [comments] |
from Bitcoin - The Currency of the Internet https://ift.tt/cPrydBj
No comments