kylehuber on Nostr: The human mind is not wired to understand absolute scarcity. For no-coiners, $70k ...
The human mind is not wired to understand absolute scarcity. For no-coiners, $70k seems like a high number for something you can’t touch, see or feel.
I wrote an article for my friends and family with the goal to spark some curiosity, not to convince them to “invest” in Bitcoin.
I bet my grandparents felt like paying 40k for their house was a lot at the time… and they sold it for 1.3M just a few decades later.
Before Uber, an NYC taxi medallion was worth more than $1M.
Bitcoin is more scarce than real estate and more decentralized than taxi medallions.
I won’t be surprised when the Bitcoin/USD exchange rate hockey sticks past 7 figures and beyond. The future price of bitcoin is already known: ♾️ / 21M.
Bitcoin has no ceiling because fiat has no floor.
If you dig it, send this article to someone you love: https://kylehuber.com/2024/10/26/7-reasons-why-youre-not-too-late-to-bitcoin/
I wrote an article for my friends and family with the goal to spark some curiosity, not to convince them to “invest” in Bitcoin.
I bet my grandparents felt like paying 40k for their house was a lot at the time… and they sold it for 1.3M just a few decades later.
Before Uber, an NYC taxi medallion was worth more than $1M.
Bitcoin is more scarce than real estate and more decentralized than taxi medallions.
I won’t be surprised when the Bitcoin/USD exchange rate hockey sticks past 7 figures and beyond. The future price of bitcoin is already known: ♾️ / 21M.
Bitcoin has no ceiling because fiat has no floor.
If you dig it, send this article to someone you love: https://kylehuber.com/2024/10/26/7-reasons-why-youre-not-too-late-to-bitcoin/