Replying to Avatar Silberengel

$100k doesn't impress anyone, anymore, as it's only the equivalent of $68k from back then.

One Bitcoin will buy you two nice SUVs, and hardly anyone has a whole one, or even half of one. And the people who do have a whole one often have lots of other assets. There are 210 million Bitcoiners and 21 million Bitcoins, so you do the math.

I'm just saying.

It just seems, to them, like we played the crypto casino and won. Same as people who got in cheap on NVIDIA played the stonks casino. I have a relative who won more money than my Bitcoin is worth, playing the slot machines on vacation.
Avatar
Ronin 7mo ago

bitcoin wont make you rich overnight, it does not matter if you dont have a whole bitcoin, bitcoin allows you to save, this is not comparable to a casino, its not gamble, its savings, even if tou win a prize at a casino you will need to save what you dont spend right away. bitcoin wil make you rich in slow motion, the same way inflation makes you poor in slow motion in the best scenario.

Reply to this note

Please Login to reply.

Discussion

Avatar
Silberengel 7mo ago

Yes. You know that. I know that. But most Bitcoin influencers don't know that.

If you have €500 of Bitcoin and it becomes worth €50000 five years later, those are incredible returns, but you still can't buy a Lambo.

Probably still better than holding €500 of any other asset, tho.