> Bitcoin is a pure distillation of what John Maynard Keynes called
finance’s "animal spirits."... the way people feel about it really
matters... they want to talk about the One True Faith.<p>In the end, a lot of tech is like this. Sure, there are some real
walls to the network-effect gardens, which is why the giants will
fight interoperability tooth and nail, but in the end <i>confidence</i> is
a huge factor. A company as precarious as Meta, or Twitter could die
in matter of months if the cultural wind changes.