My Bitcoin Thesis
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Period 1 Bitcoin is used as something for fun.
Period 2 Bitcoin is used for illegal activity.
Period 3 Bitcoin is used as a trading speculative asset.
Period 4 (Where we are now) Bitcoin is used as a speculative long term asset.
Period 5 Bitcoin is massively adopted.
Period 6 Bitcoin realizes inflation.
Period 7 Bitcoin becomes world currency.
Period 8 All electronics have bitcoin mining capability incorporated into them in order to lower costs.
Period 9 The last amount of bitcoin is mined.
Period 10 Bitcoin inflation stops.
Period 11 Bitcoin becomes hard money.