Saw twitter post about how retail is gone now because of a100k unit bias. How it’s just no longer appealing to the general public to own whatever small fraction of something worth 100k. It kind of resonated with me.

Ignoring big money traditional/institutional adoption, my best response to the argument is that normies will continue to buy whatever fraction of something worth 100k if they think it’s going to 200k. People will continue to take the chance to turn $500 into 1k, or 1k into 2k, etc.