Bitcoin is for the underserved. Further, it's subsidized by the premium on fungible value. So it's necessarily not posing a threat to incumbent currencies. Taa

Bitcoin is for the underserved. Further, it's subsidized by the premium on fungible value. So it's necessarily not posing a threat to incumbent currencies. Taavet Hinrikus certainly drew from his own failed endeavor. But I don't know how he didn't extrapolate the state of the wider market.