Yesterday a friend of asked unprovoked "how are your #Bitcoin stocks going" and chuckled that it is below all time high.
Today a janitor from my former school asked me about money/etc unprovoked and gave it thought.
Former is 1/3rd the age of the latter.
Age is just a number.
Wealth is not in the currency. It is the exchange for what that currency can acquire in present and future.
Sats are superior in the future.
USD is superior in the present.
Am I right or wrong?
MOST humans -by mathematical inevitability- COULD NOT own more then 100,000 sats even if they tried.
Spoiler alert: most aren’t trying.
Additionally, between lost coins and higher populations I think that number is possibly under 30,000 sats.
So yes… 1,000,000 sats is a lot.
Feeling motivated today.
Make the world orange.
My last day in Boston tomorrow if anyone wants to meet up.
Has been great to hang out with Bitcoin’ers and learn about the historic places here.
The price is always set at the margins.
#Bitcoin is designed to have exponentially tighter margins of supply forever.
Even if demand is flat, exponential price discovery is inevitable.
Now imagine demand going up 300x…
Reminder that the number one perpetuator of racist flames in the 19th and 20th centuries was the state for the purpose of increasing their voter base via division and controversy.
The state fanning flames of racist rhetoric now to get fanatic supports isn’t surprising at all.
I think the probability we are in the final sub-$30,000 window ever for #Bitcoin is very high.
I think the probability the time that remains is only mere days/weeks is also very high.
We've been here for months, and it's closing in.
Did you buy sub-$20k?...
Sub-$30k?...
The fastest way to make money with fiat money is to get as close to the money printer. Ideally through lobbyists, bankers, politicians, or apply for bailouts.
The fastest way to make money with #Bitcoin is provide value to other people as fast as possible.
Big difference
#Bitcoin has no intrinsic value therefore its price should be negative and everyone that uses it is a terrorist drug addict trying to kill the planet.
Furthermore nobody uses it (but it doesn’t scale) and lightning is a failure, China banned it, and banks hate it.
Checkmate.🤓
