leon_21 on Nostr: Bitcoin is not like your regular stock or precious metal. It's scarcity is absolute. ...
Bitcoin is not like your regular stock or precious metal.
It's scarcity is absolute.
Once the fiat system unwinds we will see valuations not thought possible before.
Fiat is fractionally reserved, that means if all fiat money goes into Bitcoin the valuation in purchasing power would be roughly about 90x higher than all assets valued in fiat today.
It's scarcity is absolute.
Once the fiat system unwinds we will see valuations not thought possible before.
Fiat is fractionally reserved, that means if all fiat money goes into Bitcoin the valuation in purchasing power would be roughly about 90x higher than all assets valued in fiat today.
quoting note1xrc…rptjWe probably aren’t that far from bitcoin being a boring asset.
Soon you will know no more joy/pain than someone hodling aapl or tsla.
But it will remain an invaluable tool for freedom.
Relish these days that illicit something real.
Never forget why we are here.