For this #Bitcoin cycle the best question to ask skeptics is:
“At what market cap would you concede that Bitcoin has become a global reserve currency?”
This will lead to some real cognitive dissonance in those still trying to call Bitcoin a scam but trying to come to terms with its ever increasing market cap.
I wonder at what point people in the Weimar Republic began to realize that it was their government that was responsible for inflation.
Because even today it seems to obvious and yet so few people get it.
I just sat in a meeting with a Vanguard economist and he dropped that they will soon release a position paper on Bitcoin for the first time.
Not that any of us are surprised that they are coming around to Bitcoin, but this will still be a big deal.