Take a deep breath and enjoy the ride.
Your Uncle Marty believes that those who told you Bitcoin isn't programmable money are in for a very rude awakening over the next ten years.
A HUGE step in the right direction.
Unsuspecting youths are about to be introduced to Bitcoin via the games they're addicted to and begin to learn about the most revolutionary technology of our time in a sly roundabout way.
Take a step back. Put things in perspective. Think. You'll realize Bitcoin's success may be inevitable.
What is incredibly beautiful about this process is that it is completely voluntary. Individuals opt-in to the creation and utilization of these features by their own volition as Bitcoin draws their attention and leverages their labor to fortify itself.
It's fascinating to see just how long Bitcoin spent under $1,000; 2,360 days or 73% of the time that has past since mid-August 2010, which marks a few weeks after Bitcoin's first official pump (from $0.008 to $0.08, what a fucking pump).
As the price of Bitcoin begins to climb out of the depths of the bear market, it's crazy to look back and reflect on where we were the first time prices reached these levels and how much has been built in the 18-months since.
A huge step forward for Bitcoin on its quest to become more modular was just enabled by a Herculean effort from one man and a nebulous team of reviewers from around the globe.
A thought-provoking essay that serves as a great framework to use if you need help questioning your assumptions and putting them in greater perspective.
It is important to keep this in mind as we continue to build out Bitcoin. Having a protocol driven by economic incentives and cryptography is much different than a protocol driven by the utility of being able to process and present data at incredible speeds.
Depending on what decisions the team behind your blockchain of choice made when designing said blockchain, there's a possibility that you're writing code in a scripting language that is relatively new to the scene and woefully untested.
Better to under promise and over deliver than promise everyone everything out of the box right now only to have them become completely dismayed when Bitcoin's technical + liquidity issues prevent those use cases from being viable at this point in time.
That's one of my biggest problems with this "industry" at the moment, no one is patient. Everyone wants every functionality ever conceived out of the box or they deem these blockchains "inadequate" or "rudimentary".
If you're into Bitcoin, it is imperative that you develop the mind and practices of a stoic. This means being able to visualize the future and the many ways it may play out, accepting things for what they are, and preparing yourself for those many different potential futures accordingly.
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