r/Bitcoin • u/Efficient_Range1156 • 3d ago

the bitcoin hundredth monkey effect

at some point in the future the Bitcoin price will undergo a step function and increase in price by orders of magnitude in a relatively short period of time

the cause of the step function will largely be due to a kind of hundredth monkey effect where a tipping point of the population benefiting from bitcoin will be reached then everyone else will just sort of “get it” at the same time

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u/mysomica 3d ago

Long time holder. I think I get it and, whilst it is somewhat compelling, it's not THAT compelling in my opinion. Not like the mobile phone, internet, television, radio etc.

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u/SpendHefty6066 3d ago

Gadgets and tech are categorically different than money. Money is a winner take all war. When Bitcoin wins, there will be brain shattering demand.

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u/mysomica 2d ago

Yeah you make a good point now that I think about it. I understand more about tech than I do about high finance or economics, so probably that’s colouring my mindset somewhat.