MENCIUS MOLDBUG · APRIL 21, 2011

If Bitcoin becomes the new global monetary system, one bitcoin purchased today (for 90 cents, last time I checked) will make you a very wealthy individual. You are essentially buying Manhattan for a quarter…

I think the probability of Bitcoin succeeding is very low. I would not put it at a million to one, though, so I recommend that you go out and buy a few bitcoins if you have the technical chops. My financial advice is not to buy more than ten, which should be F-U money if Bitcoin wins. Or, of course, you can invest in those alpaca socks.

https://www.unqualified-reservations.org/2011/04/on-monetary-restandardization/