We should see the gates by mornin’

When one truly understands the tremendous potential of cryptocurrencies like bitcoin, and other so-called blockchain technologies, it is quite staggering.

However, at this relatively early stage, people find it quite hard to understand the concept of bitcoin. It is somewhat similar to back when the internet was young and the general public were beginning to grasp it. This 1995 segment from the Today Show illustrates how people were trying to wrap their heads around this new technology in the mid 1990s.

When thinking about what the people currently in this space in terms of their careers and/or businesses should be saying, I am reminded of these lines from Not To Touch The Earth, written by the poet-singer, Jim Morrison:

We should see the gates by mornin’
We should be inside the evenin’

In these lines, he is referring to his surreal journey into a rich and luxurious mansion on top of a hill.

In a similar fashion, I think the bitcoin communities consisting of networks of users, developers, speculators, miners etc, not to mention the various businesses being built on top of this technology, are on an almost surreal journey into changing the way the world works. This video with Naval Ravikant, for example, talks about the potential of this technology.

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