1/ 🧵 Why #Bitcoin is the new electricity—and what the 1904 St. Louis World’s Fair can teach us
At that fair, only a few nations embraced the future: electricity.
They went on to lead the 20th century.
Today, the same moment is happening—with Bitcoin.
2/ The 1904 St. Louis World’s Fair was a global showcase of innovation.
The U.S., Germany, France, Japan, and the UK presented electrified railways, lighting, and industry.
Electricity went from “risky” to essential.
3/ Bitcoin and blockchain today are where electricity was then.
They’re general purpose technologies:
•Broad utility
•Constant innovation
•Economy-transforming
But not every country sees it yet.
4/ Some—like Switzerland, Singapore, UAE, El Salvador—welcome it.
Even China is building blockchain infrastructure.
Others are banning or criminalizing it.
They’ll be left behind.
5/ Bitcoin is not just digital cash.
It’s:
•Monetary sovereignty
•Transparent accounting
•A global value layer
•An engine for open innovation
It’s economic electricity.
6/ Suppressing Bitcoin is like banning bulbs because gas lamps had lobbyists.
Those who embrace it will write the future.
Those who resist it will rent their future—from those who didn’t.
#Bitcoin #Blockchain #StLouis1904 #Innovation
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