The Stage Is Now Set: Bitcoin Will Replace Fiat
- Bitcoin represents an unprecedented paradigm shift, and while the world may not be ready to replace fiat, that change is inevitable.
Dec 15, 2022
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Bitcoin, which will transform the way you transfer money, needs to be understood on its own terms, and not just as an online form of money. Thinking about bitcoin as money is as absurd as thinking about email as another form of sending letters by post; one not only replaces the other but it profoundly changes the way people send and consume messages. It is not a simple substitution or one-dimensional improvement of an existing idea or service.
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This is your last chance. After this, there is no turning back. You take the blue pill – the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill – you stay in Wonderland and I show you how deep the rabbit-hole goes. — Morpheus in the Matrix (1999)
In this case, it’s the “orange pill”.
I wrote about how “job search” changed in the 80’s from the “gold watch” to “everyone is an entrepreneur”. I used to say there was no K-Mart Blue Light announcing that there was a “special” in Aisle 7. There was now announcement that the rules of employment had changed. But they had and those that failed to adapt were left flopping on the beach like soon to be dead fish when the tide went out.
This “orange pill” tell a similar tale. The Financial “rules of the game” are changing silently