Avatar
The Bitcoin Way 1y ago

This happens because as #bitcoin increases in value it buys you more time

More time = more freedom to do the things that make you happy

Which makes that shiny new pair of trainers look a lot less appealing

Better to be bare foot on the beach anyway.... 👍

Reply to this note

Please Login to reply.

Discussion

Avatar
AC 1y ago

I think you forgot the rest of this graph. The long term price of Bitcoin is a sigmoid curve, not exponential, therefore the desire to buy things with Bitcoin rises to match the curve as fiat dies because no other medium of exchange will exist.