Fair enough. I think it's also worth considering that in terms of technological progress, BTC has been rather shit such that this thesis of "earlier adopters" b

Fair enough. I think it's also worth considering that in terms of technological progress, BTC has been rather shit such that this thesis of "earlier adopters" becoming the new overlords is a quite speculative argument. Sure, in this hype cycle Bitcoin has once again had a huge inflow of capital. But if you look at Bitcoin dominance charts, you can see that it is at an all-time low, and IMO will continue to be if its community stays so conservative.