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Bitcoin is such a large idea its hard to wrap my mind around it

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Bitcoin is such a large idea its hard to wrap my mind around it.

I studied cryptography in Uni & database design , and then as of lately when im stoned i've been watching tons of videos on the proof of work mechanism , SHA 256 , growth of the hash rate. I think overall I have a pretty solid grasp of what bitcoin is and where it's going.

Take a objective look at this technology... The largest computer network in human history (bitcoin network) , rules based, globally accessible , verifiable , ability to send value nearly instantly across the globe through a decentralized public ledger system.

^ keep the above in mind. The average "fiat money" lasts anywhere from 20-30 years based on history, the average world reserve currency generally 100'ish years. The US is nearing this end, the only reason it hasn't happened is because in the fiat system we really don't have a viable competitor, if we did the market would instantly reflect that. EVERYONE holds dollars.

Now where does bitcoin come in?

in 1903 the wright brothers flew the first plane... if you were to tell people standing on that field watching , that in just a mere 66 years later we would now land people on the moon ( July 16, 1969 ) , they would have said you were a lunatic. This example illustrates that most human's are not able to comprehend the pace of innovation at all. Bitcoin in 2023 its probably like post 5-10 years after the first plane flight. This technology is about to TAKE OFF, more than likely its going to be used in ways we can't really imagine right now.

Many of you on this sub were early adopters and I salute you.

The Blue Chip big boys are COMING, and they are going to take this to new levels.

submitted by /u/SenatorSmeagol2020
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