Great post .. must read for all people new in crypto world.
1 more important point that i think can be added to the above post (and this will be of great interest to all traditional bankers and investors alike)
Bitcoin and the Crypto currency as whole shows almost zero correlation with any other asset class. ----
If nothing else this quality itself should entice new participants !!
what i mean here is there is a defined correlation between Debt and equity , between gold , oil eqity etc.....when one goes up other invariably goes down and so investment bankers try and make a balanced portfolio.
but the best part about crypto ( atleast currently ) is that it has nothing to do with global asset class. its not correlated with gold or oil , nothing to with debt. Equity - may be if equity markets go down due to any 2008 bubble like situation (which i think is inevitable) it will only spike the interest in Crypto as an asset class.
what it does depend on is safety on net (if an exchange is hacked - market will crash) , on mining participation (if Chinese stop mining BTC will hurt it temporally but mining of BTC will then becom more profitable for others and some one else will take there place) etc ... these things can and eventually will improove.
and this is why i totally agree with the post in saying Satoshi gave us a once in a life time opportunity to make and control our own wealth !