Bitcoin Rabbit Hole: My personal journey.

I personally have a hard time explaining my thoughts when it comes to bitcoin. I see so many people posting online about going down the "bitcoin rabbit hole" but I’ve never seen anyone try to break it down and explain their journey. There are so many fragmented pieces to the entire bitcoin concept as a whole and it takes time for anyone to start to see the bigger picture. I think I finally found a way to break down the major concepts and how they all come together. Or maybe this will make no sense to others, I’m really not sure. I’m sure this journey is unique for everyone but this is my personal experience with bitcoin and why I think it is much bigger than anything we’ve ever known before. It’s both difficult to understand and especially difficult to explain. Hopefully this will help others understand why I see bitcoin as the biggest and best thing to ever be gifted to humanity.

The curiosity stage:

First you learn about what bitcoin is in general you brush it off because from the outside it does look like it’s too good to be true scenario. Then you keep hearing about it here and there and eventually curiosity takes over. You start to actually google and understand the concept of bitcoin as a currency, payment network and protocol. You also start to learn about decentralization and why it matters. Before long you get hooked and start reading about bitcoin mining and bitcoins issuance policy (halvings). You will start to realize that this asset is very likely to appreciate in the future and you begin to invest in some. You also start to wonder about how fiat works and you go down that rabbit hole... Once you climb out of the fiat rabbit hole you realize that fiat is the scam and bitcoin is the solution. At this point you are hooked, but let me tell you, it’s way bigger than you think.

This is much bigger that I thought stage:

If you're anything like me you will start to think about what all good this system brings to the world. You feel like you just started scratching the surface of all the great things that can be built onto bitcoin. After each time you learn about a new possibility like the ones mentioned above you invest more time learning about bitcoin. You typically start increasing your bitcoin portfolio exposure more and more. You start to realize that bitcoin is bigger than just gaining wealth. You start to realize this could be an entire revolution. A humanitarian gift to the world. You dream about all the benefits bitcoin can bring to you, your family, your friends, people who are well off today, people who are poor, literally everyone. The entire concept of bitcoin ends up becoming hope for a better future. It becomes a bit of an addiction. Bitcoin becomes faith for some people. Bitcoin can be viewed as the light at the end of the tunnel. A new beginning. You start to dig into this revolution concept deeper,

The humanitarian benefits stage:

-Global access to banking and how much that can actually help humanity as a whole. You realize just how unfair it is to those living in third world countries that don’t have access to traditional banking. Bitcoin fixes this. -You start to realize the power of a truly decentralized system. You realize this is a way to balance the power between everyone in a fair way. Like the founding fathers of America tried to do, but this system does not require trust in politicians. You start to realize people will trust code/math instead and that this new system will win in the long run. -You begin to realize the benefits of smart contracts and just how much they can bring to the world. You start to see that programmable money makes sense in a digital world. The legacy system required people and institutions to verify just about any transaction. This is no longer needed. Programmable money will be chosen over the legacy system because code and math is less expensive than paying people/institutions/governments. It is also easier to trust code and math over people/institutions/governments so you realize this system will be adopted. -You start to realize that bitcoin is hitting all time highs in other countries whose local fiat currencies are failing from inflation. You realize just how sad it would be to live in a country where you have no access to savings at all. There are people out there that at no fault of their own lose their savings because they have no other options. You start to realize the humanitarian benefits bitcoin offers to these people. It gives them an opportunity to save and preserve their wealth. You realize that bitcoin is a life raft for millions of people due to its natural properties (hard cap on total supply, censorship proof, resistant to confiscation, etc)

Nostalgic for the future stage:

-You realize that this is indeed a revolution. You start to care less about the possible monetary gains and focus on all the humanitarian benefits for the world. -You dream of a great future, you see that this system can do so much more for people than the fiat standard can. You dream about freedom for all, equality and even a future without wars. -You realize this system would allow people to unite and innovate in ways not possible before. -You see how a bitcoin standard would foster an environment where people will unite. -You start to see why the fiat standard promotes hate and tension among different races/ethnicities/cultures. -You see a world where automation takes over all work and the concept of needing a job to support your family diminishes. It's not about being unemployed as a negative, it's about being freed from having to work at all. Everyone gets more time to spend doing what they love. -You believe people will unite and drive technology forward for the better of humanity. -You see a world where people who do work do it just for the benefit of humanity. Simply out of charity. -You believe the worlds smartest will lead the way towards better products that last, are made using automation and very affordable for everyone. With the goal of allowing everyone access to these products for basically free to improve humanity. -You realize patents will no longer be relevant because people will not need monetary gains from the ideas. This will help us get to the next level of innovation. Being able to create without permission. People will realize if there’s no incentive in holding back ideas from the market that it will be better to let people share and use these ideas freely since the goal is to help everyone/humanity go further.

That has been in general my journey down the bitcoin rabbit hole thus far. There have been many distractions along the way as well. I believe just like the universe is ever-expanding so will humanity, bitcoin and innovation in general. This might just be the beginning of the next era that could change humanity as we know it. At least, that is the way I see it. What do you see?