What Can You Do For Bitcoin? – Bitcoin Magazine

This is an opinion editorial by Stephan Livera, host of the “Stephan Livera Podcast” and managing director of Swan Bitcoin International. It is an article adaptation of his speech for BitBlockBoom 2022 in Austin, Texas.

We’re living through an era of immense change and the money is broken. But on the bright side, we have this monetary technology, Bitcoin. On the downside, a lot of people don’t understand the point of Bitcoin because they’re trapped in fiat mindsets.

Consider this short GIF above. Are Bitcoiners like this man uselessly “pushing the train?” Is it all just happening regardless of what we do?

Is Bitcoin Inevitable?

Sometimes, the way people talk about it on Bitcoin Twitter is such that “Bitcoin is inevitable,” and this raises an interesting question. Is it? In what sense? Could we all just sit back and do nothing?

Not exactly. Bitcoin still needs things to sustain itself as a system: code review and maintenance, miners securing the system, users and HODLers giving it value. Perhaps in some aggregate sense, Bitcoin is not quite inevitable, but it is extremely likely to win based on certain qualities e.g., scarcity, neutrality, openness, etc. But whether Bitcoin is inevitable or not, it is very much reliant on real people who do the things that sustain the system.