A quote from 508 years ago that explains why we are still early: Nicolo Machiavelli

“It must be considered that there is nothing more difficult to carry out nor more doubtful of success nor more dangerous to handle than to initiate a new order of things; for the reformer has enemies in all those who profit by the old order, and only lukewarm defenders in all those who would profit by the new order; this lukewarmness arising partly from the incredulity of mankind who does not truly believe in anything new until they actually have experience of it.”From The Prince by Nicolo Machiavelli, 1513For the vast majority of the world population, who have never even carried out a send / receive transaction with Bitcoin (let alone with any faster crypto technologies), they are not yet at the 'lukewarm' stage of acknowledging that the new order of permissionless value exchange between individuals may be better than the old order of fiat money and bankers.Those of us who 'actually have experience of it' are few and far between, and many of us are still pretty lukewarm.This cycle will probably bust in the short term but - in the long term - change is coming.

Submitted April 29, 2021 at 04:56PM

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