THE RISE OF @CLUBHOUSE AND ITS SUBSEQUENT FALL AS @TWITTER RELEASED SPACES ILLUSTRATES PERFECTLY WHY BITCOIN IS, AS @MICHAEL_SAYLOR HAS POINTED OUT ON THE SAYLOR SERIES WITH @BREEDLOVE22, THE APEX PREDATOR OF MONEY…

CLUBHOUSE GAINED RAPID ADOPTION AS THEY RELEASED THEIR SOCIAL MEDIA PLATFORM ENABLING INTERACTIVE AUDIO CONVERSATIONS. @JACK UNDOUBTEDLY WATCHED THIS CLOSELY, AND UPON SEEING THE DEMAND BEGAN WORKING ON SPACES.

CLUBHOUSE DOWNLOADS STEADILY DECLINED BETWEEN FEBRUARY AND APRIL, DROPPING FROM 9.6 MILLION TO 922K – A 90% DECLINE – AS A COMBINATION OF MARKET SATURATION AND COMPETITION FROM SPACES ATE THEIR LUNCH.

BECAUSE OF ITS NETWORK EFFECT – TWITTER IS THE PLACE TO BE BECAUSE IT’S THE PLACE WHERE EVERYONE ELSE IS – AND PROGRAMMABILITY AS A SOFTWARE, TWITTER SIMPLY ADDED THE FEATURE AND IS NOW POISED TO BENEFIT FROM IT.

IN THE SAME WAY, AS THE INCUMBENT WITH THE GREATEST NETWORK EFFECT, BITCOIN HAS THE ADVANTAGE OF ADOPTING FEATURES OVER TIME THAT DEMONSTRATE THEMSELVES AS THE MOST OPTIMAL.

YOUR SHITCOIN MIGHT DO PRIVACY, TRANSACTION EFFICIENCY, OR SMART CONTRACTS GREAT – BUT BITCOIN CAN ADOPT THESE FEATURES OVER TIME WHILE YOUR SHITCOIN WILL NEVER BE ABLE TO REPLICATE ITS NETWORK EFFECT.

GG.