Nostr

Replying to

Michael R. Sullivan

Damn right! Although I think it'll be more of a function of the USD hyperinflating in relationships to BTC.

1K sats = 1k future dollars

But the relative value would be more like $20 in today's dollars.

Michael R. Sullivan 2y ago

I think it's gonna be a mixture 👇

#[2]

Reply to this note

Please Login to reply.

Discussion

hh 2y ago

So, a devaluation of 5000% (50 times), which would mean BTC = $2,000,000 of today. Feasible!

Michael R. Sullivan 2y ago

I'm not so crazy as thinking it'll happen any time soon, I just think that with a long enough time horizon and the impossibility of our government to stop the printing we will eventually hit a hyperinflationary event where everyone sees through the veil.

hh 2y ago

Well, if we fix the dollar value to today's, that would mean a BTC market cap of 40 T$. That's 4 times gold's mcap.

So, tomorrow? No, of course not. But defo during our lifetime (assuming you're not 90 years old or something xD).

Michael R. Sullivan 2y ago

Nope, only 30, like to think I'm super wise though.

hh 2y ago

Not that it's worth 1,000 bucks, but check out your badges.page :)