On this day in 1690, Mass Bay colony issued the first paper money in America. It was to pay soldiers to fight the French in Canada. All uses of American paper have lacked such a noble cause as fighting the French. Save the joint rolling assist.
In 3 weeks I will have completed my first cycle. My life has improved. I’m really excited. CashApp was my first on-ramp. Bitcoin standard was the first book. Rarely do I sound so basic.
Worked my ass off today. Earned more than I spent. Have more sats than when I woke up. Tomorrow doesn’t stand a chance either. Saturday’s story might have a different twist.
If price is set at the margin, does it make sense to extrapolate capital needed to achieve x price? We wouldn’t need 10T to = gold. In fact 2 assets would have different prices even with the same starting point and same capital inflows.