For example, I'd say it's actually been time for a while now, ever since the crypto-tax wave start to hit, to convert into fiat currency and buy land, houses, assets that, IF the state doesn't collapse and they're chosen in reasonable areas, could still preserve significant value, allow you to flee to another country (houses purchased abroad) if necessary etc.

If someone had put 0.001% of their capital or even 0.01% into old-school BTC and today finds themselves with 50% of their capital in BTC, it's high time to give some thought to diversification.

Smart contracts will become the contracts of the future and NFTs will be digital identity is pretty obvious; we don't know WHO will be used by whom for these tasks, but it's clear that this is what they'll be because they're the most functional choice we have in the trend toward rules as code. The problem is that the market can stay irrational longer than we can stay solvent, so it's a gamble, but also a logical diversification in its own right as well.

The only highly uncertain element is the miners' ability to withstand long periods of loss.

While I’ve been watching it, it seems like the narrative of value has rotated between:

- BTC will be a global currency (this has only proven true for illicit activity)

- BTC will be a hedge against inflation like gold (this has also not been correct recently)

- BTC is a store of value??? Which is just circular reasoning… you should buy it because other people are buying it

Idk man, what do I know