quotingI read Jeff’s book years ago and he leans far closer to what I’m saying. You aren’t grasping the nature of absolute scarcity, exponential growth, and simple mathematics. This is a new paradigm in terms of inelastic supply meeting expanding fiat demand. You are assuming there will be a slower price appreciation for more average people to buy. Obviously this may help certain people, but it will also delay others. They will get in either way, and far easier with a bigger price shock. Bitcoin does not care and natural selection is part of life. Educate your family and friends before the smart ones gain a larger advantage. This is part of evolution and a healthy society. My thesis is positive, as I see good people accumulating wealth and helping others. This is what #Bitcoin allows. Fiat corruption will fade the faster bitcoin gets adopted. This train is accelerating — 1% to 30% of wealth absorption happens faster than 0% to 1%.
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halalmoney on Nostr: “I see good people accumulating wealth and helping others. This is what #Bitcoin ...
“I see good people accumulating wealth and helping others. This is what #Bitcoin allows. Fiat corruption will fade the faster bitcoin gets adopted”