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npub1dgul...ax4x
npub1dgul...ax4x
Got called a bootlicker for saying taxing billionaires is not the solution I just can't figure out how it fixes things if it doesn't address the broken money at the core of the system Am i stupid?
If all global wealth keeps inflating upward alongside fiat expansion, then a $755T Bitcoin market cap may represent a surprisingly modest slice of the pie. The pie itself is what keeps getting inflated. image
In 50 more years? -$3.8 million “starter home.” -$500 trillion money supply. -$2.5 quadrillion in federal debt. -S&P at 500,000. These sound insane only because our brains anchor to today’s purchasing power. image
Money supply, debt, housing, stocks - everything has compounded upward for 50+ years. So when people say future numbers sound “crazy,” they’re forgetting today’s numbers would’ve sounded just as crazy in 1976. image
Coffeezilla says a $36 million Bitcoin is impossible. But what he doesn't understand is that inflation will make the value of ALL assets reach numbers that sound insane. Here's the math on a $36M Bitcoin 🧵👇 image
🤯Coffeezilla thinks it's completely absurd that Bitcoin could do these two things: 📈13% CAGR over the next 50 years and 💸Hit a value of $36 MILLION per Bitcoin In this video, I explain what Coffee doesn't understand about Bitcoin and about Dollars, and why it's not nearly as ridiculous as he thinks...
>> “Ultimately, gold is more widely held, deeply established, and still plays a central role in the global system.” This is bullish for BTC. Bitcoin is not called digital gold because of how it performs on a chart It’s digital gold because of the monetary properties that it possesses. Gold had those same properties, and became the global store of value for 5,000+ years. Bitcoin has those same properties, but is optimized for a digital world, and it’s only been around for 17 years. History tells us what happens when a superior monetary technology comes along