Nokia refused Android
Kodak refused digital cameras
Three Lessons?
Take chances and risks
Embrace the eternal Change
If you refuse to change with time, you'll become outdated.
Is this now true for bitcoin?
Facebook takes over whatsapp and instagram
Grab takes over Uber in Southeast Asia
Lessons?
Become so powerful that your competitors become your allies.
Reach the top and eliminate the competition.
Keep on innovating.
Keep track of the pace of change.
This is also absolutely true about Bitcoin?
Bitcoin's game theory incentives everyone to support instead of attack bitcoin.
Incentives to profit from supporting bitcoin.
Instead of wasting resources to attack bitcoin.
Also bitcoin is open source and innovation will go on.
Lamborghini was founded as a result of revenge from a tractor manufacturer who was insulted by Ferrari founder Enzo Ferrari.
Similarly Banks and governments around the globe have been insulting common man by any possible way to imahne..
The printer never stopped after destroying the gold standard.
Inflation, interest rates, devaluation and decrease in purchasing power of the paper money, Cantillon effect (only at the top benefitting) have been killing all expectations of common man now.
Is Bitcoin our revenge?
Bitcoin seems big enough to incentive its enemies now, as it seems.
It just stays thrilling, exciting, fascinating.
