The Bitcoin Journey
The Enlightening Path from Ignorance to Clarity
Exploring the Bitcoin Journey
From Ignorance to Denial, from Skepticism to Understanding—A Journey Through Hype, Pitfalls, and the Discovery of Bitcoin’s True Potential.
Phase I – Meeting Bitcoin
Bitcoin is dismissed as a fad, but its unique properties raise questions that challenge conventional views on money.
Phase II – A Big Bubble
Speculation drives Bitcoin’s price to new highs, fueling both excitement and warnings of an inevitable crash.
Phase III – Obvious Problems
Common criticisms—volatility, energy use, regulation—are examined, revealing a system stronger than its doubters expect.
Phase IV – The Candy Shop
Hype, scams, and distractions pull attention away from Bitcoin, exposing the psychological traps of greed and speculation.
Phase V – Back to Bitcoin
Bitcoin’s toughest criticisms are explored in depth, testing whether it holds up under intense scrutiny.
Phase VI – Better Money
Bitcoin is measured against gold and fiat, showing why its scarcity, security, and decentralization make it superior.
Phase VII – Bitcoinization
Adoption accelerates as individuals, businesses, and nations adjust to Bitcoin’s growing dominance in global finance.
“Studying Bitcoin is worth your time.”
Michael Weymans
Author, The Bitcoin Journey
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