Part 13/15:
He candidly admits that the industry is still maturing, with many products and services missing or underdeveloped. He advocates patience and prudent growth—"move slow and don’t break things"—as critical to sustainable transition.
He also touches on the importance of narrative and education, particularly clarifying that Bitcoin is not "backed by energy"—a phrase he criticizes for being too broad—yet recognizes energy’s role in Bitcoin's security and sustainability.
Final Reflections: A Hopeful Yet Cautious Outlook
Ending on an optimistic note, Yakes trusts in Bitcoin's resilience. Once the network is so secure that attack costs exceed any conceivable benefit, its network effect and incentive structures will make it unstoppable.