bitcoiner7 nym on Nostr: Once Bitcoin is worth $1 million, what do you think the worth of million dollars will ...
Once Bitcoin is worth $1 million, what do you think the worth of million dollars will be in today's dollars?
In other words, to what extent bitcoiners will be very wealthy vs just have stored and preserved the value?
This boils down to the question, I think, to what extent the high price of Bitcoin will be the result of inflation, resulting from money printing vs Bitcoin actual increase in value, perhaps thanks to the monetary premium.
Published at
2024-06-08 19:23:12Event JSON
{
"id": "60520b20985cb5e0acfa9e877a002683c8ee426f80b6893a104dda3a7adf6d1f",
"pubkey": "883628d507486d70f58981b4e03dfcacefc51dd4ef7c7f0df40453a158322c84",
"created_at": 1717874592,
"kind": 1,
"tags": [],
"content": "Once Bitcoin is worth $1 million, what do you think the worth of million dollars will be in today's dollars? \n\nIn other words, to what extent bitcoiners will be very wealthy vs just have stored and preserved the value? \n\nThis boils down to the question, I think, to what extent the high price of Bitcoin will be the result of inflation, resulting from money printing vs Bitcoin actual increase in value, perhaps thanks to the monetary premium. ",
"sig": "2687e6c034b2aac28fbfd82a5475c5435f0af70c0ecf623ac0abfccdb19a7b40a707db424a90f8430aeb1a634d07d2f89dd2810f756b607670346f503f2fffea"
}