The more I think about it and consider it— bitcoin is truly the best idea:
1. Branding
First, bitcoin has the best trending by far. Everyone knows what it is, ever since the Blackrock bitcoin ETF, bitcoin is now officially mainstream.
Like Michael Saylor says, like in his CNBC interview, now anyone could just open up their Robinhood app, or typical TD Ameritrade app or whatever, and immediately start buying bitcoin ETFs.
2. Follow London
Everyone knows that London is the financial capital of the world and the planet. +0 UTC.
Now that London has approved the exchange traded note for crypto and bitcoin, it is all just uphill from now.
3. The logo
Big bright orange, the big B, with the two dollar signs; it is almost like an emotional trigger for me now. It has by far, by 1000X the best logo.
Ethereum no, can you try imagine having your mom trying to type out or pronounce Ethereum, especially if your mom is a secondary or first generation Asian Asian American immigrant?
Even Cindy‘s mom, who has “broken English†can easily pronounce bitcoin!
Bit + Coin!
Like Fernandinho Galliani said “On Moneyâ€â€”, even the word “ducatâ€â€” which was essentially the primary currency of their time, Galliani said that it had a beautiful sound and rolled off the tongue sweetly. I believe the same to you for bitcoin; it is easy to pronounce easy to remember, and rolls off the tongue easy.
4. Mainstream
ChatGPT knows what bitcoin is, what the logo is. Even my friend Natalie says:
All of the smart people that I know, in the bay area, owns at least a little bit of bitcoin and crypto!
5. Currency for the planet?
I think this is the real radical idea; the idea that bitcoin is not governed by any institution or government, not even the American government. In fact I would not be surprised if 10 years from now, you could easily pay your taxes just using your bitcoin. You can already use PayPal to pay your taxes— a big deal!
6. More volatility, greater lows means greater highs?
If bitcoin was able to survive and thrive after the whole FTX meltdown, certainly it is robust at best, maybe even antifragile?