Bitcoin Max Pain
Great ideas and inventions never die, they can go dormant for a time, but they draw from a kind of eternal spring.
Just some weekend thoughts ahead of the total solar eclipse… Bitcoin max pain scenario isn’t that it somehow magically drops to $0 after all major governments unilaterally outlaw it, and Senator Warren passionately hunts down lingering crypto rebels from the cockpit of a highly modified SR-71 Blackbird, and the central banks force the school textbooks and IT industry publications to never mention Bitcoin again.
This could happen. It just has a very low likelihood of occurring.
With the ETFs in the rearview mirror, tolerance seems to be growing, not waning.
So, no - no, no, no - max pain scenario is that Bitcoin actually does what it set out to do when it launched some 15 years ago.
It thrilled me to see some of you buying and talking positively about The Bitcoin Primer recently — the introductory text on Bitcoin I wrote 11 years ago, to little fanfare at the time.
As of yesterday, it was one of the top downloaded ebooks in its category on Amazon.
https://www.amazon.com/Bitcoin-Primer-Risks-Opportunities-Possibilities-ebook/dp/B00GZD68FC
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