Fountain
Read_704 - The Three Generations Theory [Aleks Svetski]
Bitcoin Audible

Read_704 - The Three Generations Theory [Aleks Svetski]

Mar 1 2023 • 1hr 3m

Show Notes

"People are very quick to project technology adoption curves onto Bitcoin. But the problem is that Bitcoin is not just a technology. It’s not just a smartphone, or a computer, or a social network, or a new stock or security, or a new payment method, or a search engine, or a messaging platform, or any other new product, app or service. Bitcoin is an entire techno-socio-economic transformation. It’s a reinvention of money from the ground up, incompatible with any prior primitives. So, it’s not only orders of magnitude larger as a shift, but it’s also completely different in a paradigmatic sense. These are massive benefits and massive hurdles." - Aleks Svetski

"Whether Bitcoiners like it or not, large-scale Bitcoin adoption is not coming this decade or next. It’s simply going to take a number of generations to filter into society." There is little needed to say about this piece other than this is something I think you ought to listen to.

Check out the original and the many amazing things built and written by Aleks Svetski at the link below:
https://bitcoinmagazine.com/culture/bitcoin-reaches-mass-adoption-in-60-years

Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev

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“Ideas are very important to the shaping of society. In fact, they are more powerful than bombings or armies or guns. And this is because ideas are capable of spreading without limit. They are behind all the choices we make. They can transform the world in a way that governments and armies cannot. Fighting for liberty with ideas makes more sense to me than fighting with guns or politics or political power. With ideas, we can make real change that lasts.” ― Ron Paul
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Activity

@gnilma
77,777 sats
Mar 3 2023
Great article by Svetski. You seem to have trouble saying 11111. Let’s try 77777 this time. This boost is for Rad and his kids. Also, thank you for your good work! #ForTheKids
@bloggingbitcoin
21,000 sats
Mar 2 2023
Looking forward to the slashtags Wordpress login plugin. Thanks for everything you do Guy. 🙏
@kennyc
11,111 sats
Mar 2 2023
On fire with your Guy's Take. As Greg Foss would say, #ForTheKids. Since you stumbled a bit on reading one of the boosts at the end, just thought I'd clear up that the correct way to say 11,111 is eleven thousand eleventy-one. See "Fellowship of the Ring" movie. You're welcome.
@spencersteffen
5,000 sats
Mar 11 2023
Maaaan, yes! Down with social degeneracy. Loved the “guy’s take”. Orthodox/Catholic Christians have been screaming this from the rooftops for years. Laudetur Iesus Christus. Have low time preference. Make babies, plebs. Raise them up right.
@orangepild
2,100 sats
Mar 3 2023
#ForTheKids Deep respect for you Guy. Your passion is felt in the words spoken through voice quivering emotions (yet still buttery smooth). I think of us as the masons or the architects devoting our life energy into a cathedral. We won’t get to worship in its final state of completion, but the proof of work from generations before are evident by what was built. I pray our kids can look back at this time and see our love for them and our passion for a better world #ForTheKids
@hansa1
1,000 sats
Mar 1 2023
You are in many ways THE voice of Bitcoin I prefer
@pleb2polymath
1,000 sats
Mar 1 2023
for Rad’s kids! keep allowing me to “Read” while earning and converting fiat to sound money.
@marcellus
1,000 sats
Mar 1 2023
great article and rant. thanks Guy.
@foolofatook
1,000 sats
Mar 7 2023
Amazing article and great Guy’s take!
@dikaios1517
1,000 sats
Mar 2 2023
I think Svetski is right that it will take roughly 3 generations for Bitcoin adoption to reach saturation. However, I think it will be ubiquitous far before that point. There will be old-guard holdouts with Bitcoin adoption, just like there are with computers and the internet today, but I think they will be in the minority by the end of the generation 2 phase.
@cold_ocean
500 sats
Mar 2 2023
Stoked to see what you’re building with the Sats. great episode, rant brought tears to my eyes.
@michaelmatulef
500 sats
Mar 16 2023
There is great honor in laying the foundation for a better tomorrow. This is our path to walk, embrace it with all of your being.
@tntmom
500 sats
Mar 4 2023
Jack Spirko is looking for someone who can talk to his audience about Noster.
@jimsbook
400 sats
Mar 4 2023
Great show, keep stacking
@user654341746440112
250 sats
Mar 3 2023
Love Svetsk’s work and really loved your Guy’s take. Looking forward to hearing more about your home mining adventures. I’m excited to get engaged with the engineering side of using heat recovery to heat and cool homes and multi-family properties. There’s some infrastructure we need to work on. I truly appreciate all you do. -HODL21
@dugandrupe
210 sats
Mar 1 2023
already read this but had a listen again and your take was on point. keep calm, stay humble and stack sats like your freedom and liberty depend on it.
@sunrod
100 sats
Mar 3 2023
It’s humbling to think that we are going to “set the stage for the next generation”. I think the fact that our children’s children will benefit from our endeavours may well be my favourite thing about Bitcoin.
@user3142889370764478
100 sats
Mar 2 2023
great Alex! agree with this pragmatic approach.
@user7642209426651702
100 sats
Mar 4 2023
Great show and super important topic…when I think of Bitcoin as a central force, this article, this show and this Host are on the cutting edge of this discussion.. We need more discussion on this and less technical charting…My thoughts have been that Bitcoin would be a continued alternative like Gold, and advancement would continue to add value. Now as I think of my grandkids Gen, I stand proudly with you all as the first Generation……..