s&p 500’s avg annual return has been around 8–9%, which roughly matches annual money supply growth. thats likely about to change in a big way. over the next 10–15 yrs, we’ll probably see several years where the s&p 500 grows 40–50% in a single year. in that kind of environment, it’s reasonable to assume btc could easily match that or even double it.
watched boston dynamics’ new atlas for a few mins today. human evolution took about 2m yrs from homo habilis to now and it’s still an ongoing process. meanwhile these robots basically started a few yrs ago and are already pulling off incredible hand movements and hands are the hardest part. replicating hands means solving high dof control tactile sensing real time feedback loops and motor precision all at once. kinda wild to think where they’ll be in 20/30 yrs with ai accelerating exponentially.
looks like both karpathy and elon are saying the singularity is finally getting close. i mean very close probably within the next 12 months or so. if that’s true, by the end of 2030, 5 to 10m bitcoin doesn’t sound crazy at all. when everything becomes abundant and money gets easier as a consequence, scarcity is what ends up mattering most.
they spread quantum fud not just to push the price down. they’re also going after satoshi coins and lost coins. the goal is to make them permanently inaccessible on the bitcoin network, artificially and unethically shrinking the supply.
group of bitcoin influencers teaming up with big btc sellers to push the price down. same old playbook. shake out plebs, scoop coins cheaper. using the 4 yr cycle and quantum fear to spread fud. they wont be allowed this time.
elon musks net worth is now bigger than 30% of bitcoins total supply. in case if you needed any more proof that we’re still earl. in a rational world that number would be closer to 0.1% or less.
btc is about to enter a golden 2 year run. i’ve never been this bullish on bitcoin. signs are everywhere. the more the price gets compressed, the bigger the breakout will be.