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I’ve HODLed for >4 years. I’ve done the work. I’ve bought the dips. And I plan to keep on hodling. I only own Bitcoin and it amounts to more 90% of the total value of my fortune.

But I am not at all sure that Bitcoin has the potential to solve every problem that other blockchains, like Solana, maybe (I don’t know!) can solve.

Shitcoinery is a thing, obviously, but I don’t subscribe to the thesis that ALL other blockchains, PER DEFINITION, are without value. It doesn’t pass my sniff test!

I rather suspect that a lot of money will stream into Crypto, and there CREATE value, in ways we cannot now exactly foresee. And this has the potential to weaken the probability of the most insanely bullish projections of the future FIAT-value of Bitcoin; energy diverted.

My bet is that the road to 10 million

$/btc will take at least 20 years and it will follow the path of the much ridiculed power law. That’s a good enough deal for me though even though I probably will be dead by then; ”for the kids!”.🤷🏼‍♂️

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Discussion

Deleted Account 11mo ago

Depends what you think the “problem” is

If you think the “problem” of all “problems” the root if you will is Fiat Money.

Then I ask you this question good brother.

What is the difference between SOL or XRP or (insertyourfavshitcoinblockchaintoken) and The Fiat Dollar??

Hans Karlsborn 11mo ago

I don’t pretend to know things that I don’t know the answer to.

But I know that a whole universe of financial infrastructure is building on Solana. I don’t know if it will lead to anything worthwile, but I don’t exclude the possibility of it.

Deleted Account 11mo ago

There is a whole universe of financial infrastructure that isn’t being built but already exists on the fiat dollar

So again

What is the difference between the $SOL token and The Fiat U.S Dollar?

Hans Karlsborn 11mo ago

Is the dollar on a blockchain other than as stable coins? Did actually not know that.