Effectively we did it, 100k Bitcoin is right here. I’m positive various you’re fairly pleased with the place your web price is at proper now, and all of you in that scenario have needed to exert a considerable amount of self management in an effort to maintain onto your cash in an effort to get to that place within the first place.
All of you’re right here since you initially obtained fortunate, you discovered Bitcoin on the proper time, you had somebody you belief introduce you to it, the fitting confluence of occasions coalesced on the proper time to get you to take it critically. That’s not why you stayed, why you held via every part. That took your personal effort and selection. However the motive you wound up right here within the first place is luck.
I feel it’s necessary to maintain that in thoughts. It’s a mix of luck and your personal effort that obtained you this far, it’s not solely simply you and your brilliance or iron will. It’s the confluence of each.
This actually is a degree of no return, and a giant shift in what will occur going ahead. Issues are going to get tougher, 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 herald much more folks, all of that are going to need to be satisfied that these issues exist. Satisfied that the options to them are issues we’ve to behave on.
Repair The Cash, Repair The World. That phrase does have a kernel of reality to it, however the actuality is the cash isn’t fastened but. A finite provide cap is just not the one downside with cash. There’s the flexibility on your wealth to be seized, surveiled, managed. These issues usually are not fastened 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 people who it prevents cash from accumulating in a handful of large custodians which are trivially capturable by regulation. With out that, your cash will probably be seizable. Will probably be surveillable. None of these issues will probably be fastened.
So don’t let this value landmark distract you from that. Verify your ego, and maintain a practical perspective. Issues usually are not fastened 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 totally the writer’s and don’t essentially replicate these of BTC Inc or Bitcoin Journal.
