traditional fiat is not really fractions and works to 2 decimals. When the human brain tries to make a comparison they know half a dime will get them nothing. Now try to move that to 18 decimals and tell people it will increase in value.
When we are talking about mass adoption and the general public, it's much easier to understand the buying process. Markets currently occupied by the general public are a lot more stable for that reason. predictability of human nature.
This is exactly the way most people think.
"Just look at the price of one Bitcoin and dismiss it as something they could never afford,"
I already feel sorry for all the "dumb money" entering the space when Bitcoin goes nuts. A lot of money will swap hands when Bitcoin corrects itself once more and drops harder than ever before. People talk about 100k-300k at the next peak, while the following drop will probably be 90% down from that. History repeating itself.
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I'm not sure I agree with the next peak and the 90% drop, but if I tell you why I will be giving away the details of my next post :-)
I'm looking forward to it. It would be too easy for us if things just repeat on a higher level, wouldn't it?
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a higher level might just happen, hehhehhehe check out the charts in my latest post