Point is returns are diminishing if you expect Bitcoin to perform over the next 10 years as it did in its first 10 years you’re gonna have a bad time.
Discussion
Don’t get me wrong I love Bitcoin I’m just not blind to its flaws
Fiat returns?
What other returns are there? What do you pay your bills with?
When bitcoin goes up in fiat
PURCHASING POWER!!! YEY!!
when anything else goes up
FIAT RETURNS!!! BAD!!
😂
Then I disagree I expect the fiat returns of the next 20 years to be much higher than the first 20
Take me to your hopium dealer 😮💨💨
That would be great if true but I wouldn’t bank on it.
You expect fiscal conservatism from world governments? With the us at over 100% debt to GDP? Japan over 250?
And with multipolarity and at least continued economic warfare?
I don't see how you can believe Fiat printing won't be exponential
No I just don’t expect bitcoin to go up 129,000,000% in the next 20 years 😂 or Bitcoin to be the sole beneficiary of said printing.
hopium quit smoking it
It won't be the sole beneficiary just the largest.
Let me weaken the argument a bit. I believe the diminishing Fiat returns will be false. There will be too much printing for that to be the case.
Though I do have a greater than 30% or odds that the dollar as it is dies in the next 20 years so 129m% returns may be tame
I see your 129m% and raise you 100 gazillion %