The problem is that if btc is a once in a 200 year “creation of a global reserve currency” event, those with bitcoin exposure (even 1% of portfolio or whatever) will be minted and those without will be fighting over the scraps.
You can buy insurance to ensure you’re not left behind this very cheaply, for just 1% of your portfolio. Yes, it is coordination dilemma with ponzi characteristics. Yes, sticking to your principles may feel like the intellectually correct thing to do. But its a big coordination dilemma which so far is only going in one direction, and the risk that anyone not getting involved ends up having fun staying poor increases as btc ascends.
You can buy insurance to ensure you’re not left behind this very cheaply, for just 1% of your portfolio. Yes, it is coordination dilemma with ponzi characteristics. Yes, sticking to your principles may feel like the intellectually correct thing to do. But its a big coordination dilemma which so far is only going in one direction, and the risk that anyone not getting involved ends up having fun staying poor increases as btc ascends.