When I look at this I think how was it possible that the whole financial system is so late to bitcoin? Did the cypherpunks just sneak this under the radar?
They were too busy fudding it and hoping it would disappear.
We're now in the stage where they know it's adapt or die.
It is a function of capitalist markets that market participants will opt for sound money, therefore the laws of supply and demand apply to monetary systems, and the laws of supply and demand are absolute.
Interesting as fuck. Still hard to believe they missed it and woke up When distribution looks like that chart. Is it first time in human history that distribution of potentially global currency and store of value ended up being largely held by "the people"?