Properly we did it, 100k Bitcoin is right here. I’m positive numerous you’re fairly proud of the place your web value is at proper now, and all of you in that scenario have needed to exert a considerable amount of self management so as to maintain onto your cash so as to get to that place within the first place.
All of you’re right here since you initially received fortunate, you discovered Bitcoin on the proper time, you had somebody you belief introduce you to it, the suitable confluence of occasions coalesced on the proper time to get you to take it significantly. That’s not why you stayed, why you held by means of every part. That took your individual effort and selection. However the purpose you wound up right here within the first place is luck.
I believe it’s necessary to maintain that in thoughts. It’s a mixture of luck and your individual effort that received you this far, it’s not completely simply you and your brilliance or iron will. It’s the confluence of each.
This actually is a degree of no return, and an enormous shift in what’s going to occur going ahead. Issues are going to get more durable, they aren’t going away simply because we’re all that a lot wealthier now. With extra money come extra difficulties, extra challenges we’re going to need to face. And extra money goes to usher in much more individuals, all of that are going to need to be satisfied that these issues exist. Satisfied that the options to them are issues we now have to behave on.
Repair The Cash, Repair The World. That phrase does have a kernel of fact to it, however the actuality is the cash isn’t mounted but. A finite provide cap shouldn’t be the one drawback with cash. There’s the flexibility on your wealth to be seized, surveiled, managed. These issues will not be mounted just because Bitcoin exists with its finite provide.
To repair these issues, Bitcoin truly has to scale. We want the community to be accessible to sufficient folks that it prevents cash from accumulating in a handful of huge custodians which can be trivially capturable by regulation. With out that, your cash shall be seizable. Will probably be surveillable. None of these issues shall be mounted.
So don’t let this worth landmark distract you from that. Test your ego, and hold a sensible perspective. Issues will not be mounted but simply due to a quantity on a display, not even shut. There’s much more to do earlier than these basic issues with cash are a factor of the previous.
This text is a Take. Opinions expressed are solely the creator’s and don’t essentially mirror these of BTC Inc or Bitcoin Journal.
