Published 19 Sept 2026, 10:07 UTC · fetched 3 Nov 2026, 11:01 UTC
CRG
@MacroCRG
Quoting · 18 Sept 2026, 19:49 UTC · context given to the AI
The dead cat continues to bounce. What is Bitcoin, 17 years later? It’s not great for transactions or smart contracts; the user experience is still intimidating for most, and it’s no longer capturing the public’s imagination. If it comes up at the dinner party, it's followed by a hearty “remember that!” It’s a boring store of value, trusted as that—which is its biggest value. It's boring. Folks expect bitcoin to be stable and that it’s no longer a way to get rich quick. Institutions embracing and accumulating it took $btc from punk rock to Muzak. Advocates went from pirates to suits in orange ties, awkwardly sharing cringe memes — just like the cool kids do! If Bitcoin were going to reach mass adoption and an important use case, it does better than anyone else, it would have by now. Bitcoin feels like the CD in the age of Spotify, the DVD in the age of Netflix — a bridge technology that folks who invested in “their collection” keep saying is the better experience. Perhaps bitcoin is vinyl, cool memories and fun to drag out and put on display, but a technology that served us to get to where we are now.high profile entrepreneurs are writing theses on why Bitcoin has no value higher. https://t.co/ejKoRCOYmbView original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Awaiting manual review
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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