I very, very rarely think pro-Bitcoin pieces are well-written or well-reasoned, so I suppose it's extra important to point to them when they are: https://s3.eu-west-2.amazonaws.com/john-pfeffer/An+Investor%27s+Take+on+Cryptoassets+v6.pdf … I entirely disagree with the investment thesis therein but I learned things reading that.
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Any sufficiently large opportunity for wealth eventually converges on a mercenary culture. The original example of this is mercenaries.
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“Bitcoin’s Eternal September,” only with take-no-prisoner nano-trading hedge fundsinstead of noobs.
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If Bitcoin is to not die, increasingly it *must* be held by non-Bitcoin people, just as dollars are not considered to be held by "those weird dollar people, you know the ones I mean."
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