Btc will get to one million but a hamburger will cost one million -ops
Discussion
And yet the buying power of BTC has consistently increased over the long term. They are confusing it with the decreasing buying power of fiat.
Exactly right that’s why that comment was so ludicrous when they said it. If one hamburger equals one million, then bitcoin equals 100 billion dollars each 😃
Even then, they aren’t correlated. Bitty can be $100b and hamburgers can be $20. One is scarce, one isn’t . Like Saylor said, inflation is a vector. No one would eat hamburgers if they were 1 billion dollars even if bitty was 1 trillion. It’s supply vs demand. There would be no demand for burgers at that price. This is just ops not understanding how economics works
It’s all just telling on themselves bc they thought they had unlimited time to stack and didn’t understand the urgency that was needed
$1m hamburgers*. Just say this shit aloud and you will realize the average common man is closer aligned to reality than the ops. Like…. Obviously burgers will never be that expensive