When I see a nice car, boat or watch I can’t stop thinking about how much #bitcoin that person could have bought.
Discussion
Same!
May push back a little on this. We all have different time preferences. Experiences with friends and family, self confidence, watches, etc. bring a certain amount of joy and fulfillment at that current point in time.
We exchange value ie. money for those spikes of enjoyment. At some point your stack increase has a lower positive impact than a consumed good or service. This is especially true the older you get. May caution people who wish for “higher prices” only to wake up one day realizing you’re no longer able to do those things “if only you had the money.” We’re not promised the moon and definitely not promised tomorrow. Time preference.