kylehuber on Nostr: You hear it all the time: “bitcoin going up forever…” In terms of pieces of ...
You hear it all the time: “bitcoin going up forever…”
In terms of pieces of fiat paper it is true. But we are measuring from a broken, debt-based monetary system on the brink of extinction.
Bitcoin is actually going down forever. Sure, supply is neutral, set at 21M. But mathematically, there will never be 21M bitcoin in circulation. Millions of coins have already been lost and the end of lost coins is not coming anytime soon.
Just a thought about paying too much attention to price and not enough to the many beautiful elements of bitcoin’s design.
At the end of the day bitcoin is just money. What you do with your time and talents is what counts.
♾️/21M.
Published at
2025-02-19 21:11:35Event JSON
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"content": "You hear it all the time: “bitcoin going up forever…”\n\nIn terms of pieces of fiat paper it is true. But we are measuring from a broken, debt-based monetary system on the brink of extinction.\n\nBitcoin is actually going down forever. Sure, supply is neutral, set at 21M. But mathematically, there will never be 21M bitcoin in circulation. Millions of coins have already been lost and the end of lost coins is not coming anytime soon. \n\nJust a thought about paying too much attention to price and not enough to the many beautiful elements of bitcoin’s design. \n\nAt the end of the day bitcoin is just money. What you do with your time and talents is what counts. \n\n♾️/21M.",
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