The year is 2035 you roll up to your cabin in the woods for a getaway from the city. You bought the cabin for 3,850,000 sats you made shitposting on Nostr. Life is good.

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Damn, what an expensive cabin…

Lol you wish, stack harder πŸ˜‰

Come on, by 2035 surely one sat will at least have the purchasing power of $.50 today.

$50,000,000 USD per BTC by 2035? 2272x in 12 yrs…

Hopium

No, exponential growth. Maybe I am off by 5 years, but by more not. Either bitcoin is a disruption than it will reach 90% adoption in the next 20 years or it isn’t and it will be dead by then.

I don’t know of a single disruption that didn’t follow the s-curve.

5.2M per coin seems reasonable to me by 2035. I don’t think we hit 50,000,000 that soon.

So far every halving has added a zero and the steep part of the s-curve is not even here, yet.

Each halvening has also produced smaller troughs to peaks, each cycle has produced less gains than the previous. Each cycle is tighter. I don’t think we are that close to the steep part of the s curve we still have some headwinds ahead. Either way 5M is still a 236x in 12 years πŸ˜‚ time will tell.

Well, but if Bitcoin reaches 90% adoption by 2035 then it should have a marketcap in the order of magnitude I suggested.

And that is just by purchasing power, nominal is basically guaranteed. Even Druckenmiller forecasts the USD to be obsolete by 35

I think it will be slower than that but πŸ€·β€β™‚οΈ we’ll see in 12 years

Of course it may. This is a first in history. Never in recorded history before have we deliberately invented a money from scratch.

Still, my base case is that this thing goes the way of all other disruptions.

Especially since that price target doesn’t include Fiat printing nor economic growth.

lol why would it be dead?

this is a full on bulltard take

Because inventions that cross the threshold of viability either go s-curve up or s-curve to zero.

Not aware of any historical evidence for a third option.

Hasn’t bitcoin s-curved several times already?

Not if you zoom out. I think by 2050 most of us will be living lavish.

Bitcoin is at aprox 2% the steep part of the adoption curve usually starts between 5-10% and ends at 90-95%

3 M sats for that? No thanks πŸ˜†

Yea yea yea not bullish enough blah blah blah

@remindMe 1 Year

#[2]​ 1 year

#[2]​ in 2 years

****the point of this post was not about the price of bitcoin or about the specific cabin but the idea that you could buy a cabin off of earnings from shitposting on Nostr****