Bitcoin relies heavily on the Internet. And right now, the strength of Bitcoin is dependent on the number of miners and the Internet they are paying for. Therefore, if Bitcoin is to become self sufficient, it needs its own Internet Service Provider that accepts Bitcoin. It would fuel itself.

From there, you can sell Bitcoin-based phone and Internet services. See where I’m going? Then you can start doing Bitcoin payments that are guaranteed to be secured because no can can infiltrate exclusive Bitcoin Internet Service Provider. If anything bad happens, then you’ll know it’s an inside job.

So, once Bitcoin has its own Internet Service Provider, that’s good and all, but it still doesn’t have too much value.

That’s where natural resources come in. Bitcoin needs to get a food supply and be backed by cattle, pork, chicken, etc. Or it needs oil or pharmaceutical backing. Obviously, the druggies are putting their money in. It’s a grand experiment to observe. It’s clear that shit won’t last, even if Feds think Bitcoin is a good honeypot tool.

The reason you need an exclusive Bitcoin natural resource like a cattle farm or whatever is that’s REAL value. When someone pays in Bitcoin for a hamburger or pizza, they need to know they are giving that non-tangible object for something tangible: food in the belly. Same could be for oil. You need that shit to drive your car.

Unfortunately, this could lead to some real cult-like shit. You can get some farmers to start living off solely Bitcoin, but eventually they’d realize they can’t live alone. And the current money system is needed to do business with people outside of the Bitcoin micro-economy.

Ideally, though, if all those things were in place, I’d consider Bitcoin a success. You can use it as a currency, you can use it to chat with friends, you can use it for titles to your house or car, you can use it as a cloud service, etc. The more you use it, the more valuable it becomes. The more valuable it is, the more you’ll likely use it.