Date: 2025-01-13 · basis: publication date recorded in the magazine inventory
Dustin Watchman
Dustin Watchman walks through bitcoin's four-year cycles and argues bitcoin was not 'for everybody' in its early eras: first cypherpunks and techies, then friends, then retail investors, then institutions. He traces the shift from faucets and Mt. Gox to Lightning, the El Zonte/Bitcoin Beach community movement, Michael Saylor and Nayib Bukele, and projects more countries adopting legal tender while CBDCs proliferate. He closes by saying bitcoin is now for everyone — including your enemies — but that it is still early.
Archive summary written from the sources below — not a quotation.
Bitcoin hasn’t always been for everybody.https://www.stackchainmagazine.net/bitcoin-isnt-for-everyone/
So, is Bitcoin for everyone, including your enemies?https://www.stackchainmagazine.net/bitcoin-isnt-for-everyone/
Is it too late for you to get into Bitcoin now? Absolutely not!https://www.stackchainmagazine.net/bitcoin-isnt-for-everyone/
Cycle-by-cycle review of who bitcoin was actually for, 2009 to 2026.
Machine-written summary, not an editorial statement.
Stackchain Magazine article, catalogue item 38, category economics-finance. Summarised by the archive from the published piece; quotes below are verbatim excerpts. Original: https://www.stackchainmagazine.net/bitcoin-isnt-for-everyone/