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FreeYoda 8mo ago

The current coinbase is 3.125 #Bitcoin a block.

Next halving it will be1.5624.

That will be the last 4 year you can earn more than a whole #Bitcoin as block reward.

A whole, world wide, industrie is chasing those block rewards.

After that it will be less than a whole coin !

It will go to zero !

One company is buying a substantial part of all #Bitcoin RIGHT now.

Owning a full #Bitcoin is, but definitely will be a rarity.

This will for 99% of the population the last chance to get one...

Even at $100,000 it will be extremely hard for most.

What will you tell your kids ?

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Discussion

DasFrettchen 8mo ago

My head doesn't calculate $100k that easily, how many years do you think the average european/american would have to save in order to get to $100k?

FreeYoda 8mo ago

The time for scooping up one or a few #Bitcoin is gone for most.

Just like I have been telling for some 8 years now that would happen.

Right now most can still buy one.

No not just like that.

They will need to mortgage their house, put in their life savings, sell a kidney. Etc.

Nothing compared to what they will have to do in a few years time to get one 🤷‍♂️

I don't make the rules, I try to explain the implications.

DasFrettchen 8mo ago

Ah right, so people that have already save some in other assets. That is very problematic, I was an early buyer of land in a very nice part of the world but I tried cashing out 5 years ago to no avail. My money is still trapped there 🙃.

FreeYoda 8mo ago

You don't have to convince me 🤣 I'm a maxi for some years now.

DasFrettchen 8mo ago

I know, I follow your notes 😀

I have seen the realstate believers like I used to be PANIC when they learn about bitcoin. They crunch numbers and have all the speadsheets proobing their point, just one little update to that spreadsheet and BAM!

exist270 8mo ago

"All models will be broken" actually means that in the not-so-distant future there will be straight men prepared to suck dick for sats. 💁‍♂️

Nothing stops this (mouth) train. 😏😂🤙

CC: nostr:nprofile1qqsysar6phf6quuzrw0vk56j5z3nagh4ka66hcpexfq2qcd4m052d0cpzemhxue69uhkyarr9e4kcetwv3sh5afwvdhk6qglwaehxw309ahx7um5wgkhyetvv9ujucnfw33k76tw9ehxjmn2vydv6n35

DasFrettchen 8mo ago

They are already doing it for meth (see Tiger king for details)

Sats > Meth

exist270 8mo ago

Sats > (m)ETH