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Bitcoin’s Hierarchy Of Needs

We can apply Maslow’s hierarchy of needs to Bitcoin to find out what needs it must obtain and maintain to succeed.In order for Bitcoin to achieve hyperbitcoinization, it has to fulfill certain network and monetary needs. Without obtaining and, more importantly, maintaining these needs, Bitcoin can not succeed. If Bitcoin can obtain and maintain these needs, then there is nothing that can stop it.This article is a play off of Maslow’s hierarchy of needs; the idea that people have to go through certain levels of life to eventually reach happiness and live to their full potential. This theory can be applied to Bitcoin.Image via @NikcantmineThis is the game plan; this is how Bitcoin achieves world reserve currency status. Network Needs:Base Layer: Fair LaunchNo currency has a shot at mass adoption or a chance at being the global reserve currency if it’s been cheated from the start.One of the many things that separates bitcoin from the thousands of other cryptocurrencies was the fair launch on January 3rd, 2009, over two months after Satoshi Nakamoto released the Bitcoin white paper on October 31, 2008. Not to mention the reason why Bitcoin was created in the first place, which was a direct result of the 2007 to 2008 financial crash, fiat currency and central banking. It was made as a solution to a problem. All other coins came after seeing bitcoin’s success, tried to copy it, and failed.Satoshi didn’t create Bitcoin in the hopes of scamming others, …
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