Subnostr

Thinking of a bitcoin only allocation as a non diversified portfolio is fiat as fuxk.

Imagine à middle age villager thinking:

"I should diversify my wealth and sell some gold coins in case they lose value."

Lose value again what? Everything?? Sound money can only lose purchasing power against Everything if Everything is measured in shitcoin to begin with.

When sound money is king, then it dosen't lose value. Particular economic goods can gain in value. But never you will see "money lose in value".

Shower pictures 2y ago

I need to write this better.

I truly believe it is true that sound money dosent lose value when it is king.

Simply because there is no way to measure but by using each and every single economic good.

But then it isn't money that change in value. It is the economic good itself.

Everything change when hyperbitcoinzation happens.

Reply to this note

Please Login to reply.

Discussion

$elfish gene 2y ago

We just needed a resource with a limited supply.

it is now possible to determine the price of any commodity independently.

Now we will know exactly how much 1 unit of another commodity is worth for 100-200-300 years to come...

Shower pictures 2y ago

How do you then measure the price of bitcoin?

$elfish gene 2y ago

It's not real yet... 99.99999% of goods are sold for other currencies.

As soon as we move to bitcoin everything will be obvious.

The next 15-25 years will be amazing)

Shower pictures 2y ago

In the future bitcoin won't have a price but everything else will