Simple_5ive

At some point, someone will sell fake gold but not Bitcoin.

When go to work everyday, earn a salary, buy food to feed our body, then we convert our excess time and energy (monetary units) into Bitcoin, we are basically transforming our physical body into a different form of energy - called Bitcoin. From that point, we are able to travel at the light speed to anywhere around the world in seconds. In the physic standpoint, physical matters will live longer or age slower when it travels at light-speed (lightning network). The opposite is true, if you freeze a physical matter (cold storage), time will slow down, meaning it will live longer. We are as human beings, we live because of the energy inside of our body enable us to move around. When we die, the energy in our body will be basically converted into a different form of energy, evaporated, or wasted. Yet, it's being wasted, BUT our "work" during our living life time is being SAVED on Bitcoin network will live forever. So.... Does it mean we all #Bitcoin ers are immortal. We are able to live in the eternal life.

Find the similarity between these two pictures.

In the Bitcoin standard, residential rental properties will be obsolete like gameboy rental in the early 90s.

The tall buildings in Manhattan have $0 value if there are no people or commerce being conducted in that specific areas (no volatility). (no current = no value) The opposite is also true, the tall buildings in Manhattan has massive value is because people are conducting businesses by providing goods and services around the area (high volatility). (more current = more value) Simply put: #bitcoin itself has current because itself is a current, it can move thru bitcoin network or lightning rail. it needs to move around to gain value. If it's not moving, it has no value. This is another speculative attack what BTC designed to be against the centralized control of money. If any company or country control all Bitcoin, Bitcoin price will go to zero. If it's stay decentralized and secured like Jeff Booth always talked about, then Bitcoin will bring abundant to the society.

Bitcoin itself has current (currency), if we put fiat currency on top. the 2 currencies will cancel each other out. To maintain the value of Bitcoin, Bitcoin needs to move itself thru transactions, spending or receiving.

Bitcoin itself is like ocean water, needs to be released to the open market to gain "current" to be sustainable for other organisms to thrive. This is what it means by the original Bitcoin white paper of P2P electronic cash. If #Bitcoin does not move, it will lose value.

Imagine we lock up all the ocean water into a GIANT container, do you think the waves/volatility goes away overtime? Apply that into ₿itcoin treasury companies. Locking up massive amount of ₿, just like water in a container, long enough time, volatility will decrease, cashflow from trades will be less than payout yield. Consequently, ₿itcoin treasury companies have to sell some of their btc in order to allow the volatility to pick back up again (release water from the container back out to the nature) to be profitable again. Ocean water needs to be in the nature under the sun in order to become habitats. Same with ₿itcoin, ₿ needs to be in the open market for buying and selling, spending/receiving in order to stay alive (volatility). ₿itcoin cannot be a store of value UNLESS it is a medium of exchange.

would you rent a TV set if you can easily buy one? Would you rent a house if you can buy a house outright?

If you dig deep into #Bitcoin value prop and not shaking, you don't understand it.