This is too big of a can of tuna to really ingest.
I’ll add a couple things:
- I agree with “Bitcoin will eventuall equilibrium towards 50% of all wealth. Due to S=I (savings equals investment). I first heard this from Saylor.
- Don’t forget Gresham’s Law: the law explains why Bitcoin will not initially become a currency, because it will first be “hoarded”, due to “bad money driving out good”. Being hoarded doesn’t make it a failure though. Eventually, Theirs law will take over and finally, in late stages, “good money will drive out the bad”, probably in the form of a gigantic or prolonged hyper-inflation of world currencies and THEN Bitcoin will become a daily “unit of account” as currency.
My 2 cents, but barely touching this gigantic post.