What if Bitcoin just keeps growing from here on now?
What if the instability of the past, the cycles we all know, was just a product of institutional and political/regulatory uncertainty?
I mean, Michael Saylor himself has said that this is Year 0 of adoption due to Blackrock and other huge institutional investors buying in.
Have we achieved critical mass and it's just game theory and too big too fail now?
#bitcoin #thoughts #asknostr #politics
It is possible, but careful with the rhetoric espoused by people like saylor and co.
We achieved critical mass very early. Like by the time Bitcoin traded for $100 or maybe even $1
We're in the land of diminishing returns now on that critical mass
There's another critical mass on the horizon, but it's triggered by the dollar's own collapse speeding up, not bankers getting into bitcoin
Nothing is too big to fail.
Sure, but some things are much more difficult to fail than others I would say :)
I am
asking if I want to sell my coconut oil 200ml
How much the appropriate price to sell it in BTC ? Or should sell it in Satoshi instead ?
Yeah, if I really wanted to price something in Satoshis I would find the perfume price in USD today and just use that equivalent in Satoshis.
So I don't know, for a perfume, something between 10k and 100k Satoshis would work fine, I would say.
