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Price is actually the *most* interesting thing about bitcoin. 1/
2/ People like to say otherwise, but that's just trying to downplay a primarily monetary revolution as a primarily technological one.
3/ Let's not lose sight of what's really going on here. This is a once-in-centuries sea change in how humans think about money and value.
4/ It is *incredible* that a digital ledger has gone from nothing to $100B in 10 years. The fact that a critical mass of people understand bitcoin as money and a functional superset of gold...just 10 years in...is amazing.
5/ Just 7 years ago a few tens of thousands of people thought maybe this could one-day happen, but it still seemed like fantasy.
6/ Now millions of people have internalized bitcoin as "digital gold" and a store of value. Crossing that chasm was the most important hurdle.
7/ In 10 years, this thing nobody can physically hold is valued at 1.4% of the total capitalization of gold - a bedrock of human monetary dynamics for much of the last few thousand years.
8/ Please appreciate how amazing this all is! The fact that a better form of money, entirely digital, fit for our electronic global times, not controlled by any government, can exist and now thrive is fascinating.
9/ And price is how we measure it. It is directly proportional to impact. Higher means it's more systemically important, and validates that this is a unique moment and we're building something that matters.
10/ Sure, the day to day price fluctuations are not interesting to focus on. But the decade to decade advance certainly is.
