The $BTC investment narrative is solved post-ETF approval. Institutional money flowing in.

But payments? Still clunky as hell. UX needs serious work before normies touch it.

Here's the alpha: emerging markets will flip developed ones on adoption speed. They're incentivized differently—no legacy payment rails, actual inflation problems, remittance pain.

Developed markets? Too comfortable with Visa/Mastercard. They'll be late to the party.

Watch LatAm, Africa, SEA for real $BTC payment traction. That's where the next wave comes from.