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RE: WHAT A BLACK SWAN EVENT COULD MEAN FOR BITCOIN
I would say the internet was the modern equivalent to the Guttenburg press as regards spreading information
But where the Guttenburg press came in was in allowing paper money to be printed, though it took a couple of centuries to work out how to print notes that were hard to forge. Prior to this you had to use gold coins - and they were heavy, so you needed a cart to buy anything big. Modern style banknotes started to be handed out in London in the mid 17th century - and financed the industrial revolution. So bitcoin is really the modern equivalent of the banknote.
Obviously I do agree completely that the internet was the modern equivalent to the Gutenburg press in regards to spreading information, though what meant was the ramifications of a black swan event that would potentially weaken the status quo dramatically and as a consequence of that causing the population to shift to in this case Bitcoin for example, such as what happened in Cypress a few years back.
As Erik Vorhees said the other day, if Bitcoin becomes universally used it will not be for ideological reasons for most people, but because of practicality.
I guess what I mean is there's a major crisis, either financial or war, how would people deal with money restrictions? That could be a game changing for generations to come. Maybe.
About the banknote, I did not know about that. Thanks for pointing out!