Subnostr

Scarce things always get pricier if you wanna buy more of them together ... In a bigger lot ..

If I placed an order of 250,000 Bitcoin today , what will be its price in next hour ..next day ? .. #askNostr

Nope , I am not buying 250 K coins :-) .. I am pointing to market cap of #MSTR .. Market says it will be 43 billion dollars ..

Which means one Bitcoin is valued at 175,000 dollars today for a lot size of 250 K ..

Scarce things always get pricier if you wanna buy more of them together ... #bitcoin

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Discussion

Satosha 1y ago

The concept is nothing new ..

if I want to borrow 100 dollars , a friend would lend me for free .. if I want a million dollars mortgage, I would end up paying 8 percent .. likewise ..

Which means a million dollars together are more precious than them as individual bills ..

Satosha 1y ago

However, if you want to sell a big stash of scarce goods , price will crash .. so it's a catch 22 .. you can't get out .. your only path is forward..

On the other side are commodities.. you can buy as much as you want without moving much needle on price .. and you can sell as much as you want ..

The modern economy is based on commodities.. and to commoditize every possible good and service .. the goal is to make everything available to everyone..