[fellellor]

I too think the unfairness is the problem here with the acceptability of Bitcoin as reserve currency. But not in the way the parent proposes. Bitcoin as reserve currency is such a zero sum outcome, unlike stock market investment gains, because the no coiners loose everything and the maxis gain everything that the others lost.

People who held google stock early actually provided a lot of value to society. By either investing in or working for a company that radically transformed how people use the Internet. You can argue early investors into Bitcoin are the same but in a much lesser way than if you aren’t Satoshi and didn’t contribute to the core development or advocacy of Bitcoin. Most hodlers just bought it and held on and did nothing.

The unfairness of this is so rankling that it’s hard to imagine that Bitcoin as reserve currency settles into an accepted equilibrium without significant violence on a global scale.