The points you make about Bitcoin are good, but to me, less significant than the observations you make about humans’ woefully poor ability to perceive the historical context of events as they are occurring. The section “Missing the Forest for the Trees” is especially relevant. I think about this all time, so it was interesting to read a shared observation. The best example I can think of goes back to WWII, as all conversations like this do. Humans aim to avoid the big event, the world war, but fail to avoid all of the more minor societal changes that occurred prior to the war that provided the environment for it to occur. In our history books, everything is monolithic; like all of Germany was evil. Or that Hitler’s ONLY intent was to exterminate what he considered lesser races. We forget the conditions and rhetoric that were smaller in scope but set the stage for the bigger event. And I fear that’s why we inevitably repeat history despite generation after generation saying “never again”. In the context of an article about Bitcoin (which is insightful in its own right), you touched on a point that, to me, is bigger and more significant.