Very interesting article, it looks very prescient right now, kudos. I agree with you that the bitcoin protocol as a p2p irreversible log of transactions is a re

Very interesting article, it looks very prescient right now, kudos. I agree with you that the bitcoin protocol as a p2p irreversible log of transactions is a real and still misunderstood great invention. It's akin to the gunpowder: the Chinese were the first to toy with the volatile stuff in the 8th century B.C. But the killer app (!!) took a long time to emerge. The current state of affair with bitcoin looks a lot like a bubble, there's no question in my mind. As long as it's a speculative device, it's actually dangerous/endangered. It needs to find a use and stability, which might take a while. One of the strong cases you laid out is hyperinflation: I can see local bourgeois looking for a safer place to park reserve purchasing power before escaping abroad. That's a limit case, however. The rest of the people are by definition struggling if there is such a crisis. Cheers!