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Replying to Avatar Seth Michael Steele

I’m not fond of the haughty opinion that #Bitcoin will suffer in high interest rate environments.

I’d rather subscribe to the idea that #BTC is a hedge against economic uncertainty, instead of solely benefiting from tradfi’s economic collapses, it also provides a monetary policy alternative that happens to be the most certain/predictable monetary policy available.

The dollar is strong(right now), but is it predictable? Can you tell me what the interest rates will be in the year 2040? What about inflation?

#Bitcoin will still have immense value…even in high interest rate environments.

In 2040, the #Bitcoin block reward will be 0.1953125 #BTC expected to be found ~10 minutes…meaning only 28.125 #BTC will be mined per day.

You can count on this like you count on the sun to rise.

If you can’t see the value in absolute certainty; I can’t help you.

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rare 2y ago

I dont get it...

Bitcoin is money. You can use it today. Why is it that it always comes down to "One day...Some day..."

Future is now.

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