If you believe bitcoin is going to a million, can someone explain to me why you would buy one bitcoin for a million dollars? Wouldn’t you want to get as many bitcoins as possible?
Discussion
Because when it is at 1 million you will be working for sats per hour. You'll be buying it with your work.
Sure, but wouldn’t you still want to get paid more bitcoin?
Stock-to-fomo!
That’s the calculation people should be making, especially those who don’t have a million dollars laying around.
Just to clarify I was thinking about Balaji Srnivisan’s bet. It seems to go against the whole idea of stacking sats.
I am not using the bird app at all - so wasn't aware of the bet.
Balajis is willing to bet a million dollars against one bitcoin that dollar will hyperinflate in three months time.
Odds are low and the potential payout is still 'only' one bitcoin. Does not make sense.