Bitcoin is a technology and a network. Its preferred use has been an investment and a store of value but with layer two solutions it could also become a currency. The dollar is also volatile, but always downwards so I don’t see why a currency couldn’t have upward volatility. Bitcoin could be more than one thing, the market will decide.

Myspace is not a good analogy, they didnt have the miners, the nodes, the network, the protocol, the investors or 200 million users. A better analogy would be the 110v american electricity network. Not the best, not the most efficient but it will stay forever because implementing a new one will be prohibitive. In 2100 electricity in the US will still be 110v. Network effects.

Contrarian, inquisitive, rebel, unconventional, dreamer and warrior. Never give up, never too late, never enough. Enjoying the journey and making the most of it