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2025-04-27 16:27:46

William ₿ Travis on Nostr: Bitcoin is never too expensive. But at a certain point, neither you, me, nor Michael ...

Bitcoin is never too expensive. But at a certain point, neither you, me, nor Michael will be buying it.

You will either earn it through work or receive it by selling goods.
Sometimes I see posts like new statement at news- I will buy Bitcoin at $10M. It makes us all bulish and shows his great confidence in Bitcoin. But is it really so bullish? I'm not talking about numbers now but about realization of facts.

Fact is we all who gets Bitcoin will buy it at ANY price, even if it would be $1M for 1 sat.

I just realized it's not a matter of price at all - it's a matter of in which system you want to store your labour. If you want it to be saved you can work whole day for few sats, it's just numbers and only thing that matters is if your sats will buy you the same(or more) amount of goods tomorrow.

Bitcoin guarantees that, competition and creativity of human race keeps prices to fall slowly. No matter the number I'll buy Bitcoin for as long as I'll have any FIAT in hand.
Author Public Key
npub18w8307u2nux8dx6cr88net4rjg4xs3x57lmksjhdnajhrwexherq75re2x