Replying to Avatar Martin

Isn't there a logic gap here? You say that the dollar loses its value and what used to cost $1 now costs $100.

So if this goes on, it just means that what used to cost $1 now costs $10,000 - if bitcoin raises exponentially in lockstep, it does mean that our phrcbasing power is merely PRESERVED, not necessarily increased.

That means, every bitcoiner who humbly stacks sats will at least be able to maintain their current standard of living, but not necessarily be wealthy.

How do we explain that bitcoin somehow DOES INDEED make us super wealthy, even though prices of everything are increasing like crazy?
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Micael 8mo ago

That why I said we have to think in purchasing power not nominal prices. But bitcoin is not just rising in nominal prices, but indeed increasing its purchasing power. Because not only the dollar is collapsing against Bitcoin. Gold, reals state, oil, commodities, everything is trending to cero against Bitcoin.

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Martin 8mo ago

Good point! I did not consider that many other areas that should never have been stores of value (like real estate) are now collapsing into bitcoin as well - that's why we will probably all indeed get very wealthy in the end.