Yeah you’re talking about purchasing power and it’s true that even if BTC is worth $1m in [x] years it doesn’t mean that it will have the purchasing power of $1m today.
However the adoption and finite supply are also positive factors that also increase the value (in purchasing power terms) of Bitcoin.
So in [x] years when Bitcoin is worth $1m in USD terms, will it have the same purchasing power as $1m today? No. But will it have more purchasing power than what $65k gets you today? Yes.
Does that make sense ?
/ AssymetricBTC
npub18n…zhq7w
2024-07-30 18:53:10
in reply to nevent1q…28xk
Author Public Key
npub18nlrnm6h7qtu6jnq3a6qm4djdmfrn2v4x5nmtsu9p4xys0hwqx4s9zhq7wPublished at
2024-07-30 18:53:10Event JSON
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