Part 7/14:
This perspective shifts the narrative away from viewing Bitcoin as a speculative investment only, towards seeing it as the backbone of a new monetary and payment system—more reliable and censorship-resistant.
The Quadrant of Knowledge: From Ignorance to Conviction
A nuanced part of the discussion revolves around the stages of understanding Bitcoin:
Zero or Ignorant Stage: No grasp of Bitcoin’s properties, leading to misconceptions.
Awareness and Click: When a piece of information "clicks," and Bitcoin starts making sense as money.
Conviction: Recognizing Bitcoin as the best form of money, solving the problems of inflation, and becoming committed.