Price doesn’t matter but holy shit that was fast
Discussion
How does it not matter?
“Price doesn’t matter” is kind of a meme, but it’s grounded in philosophy.
It “matters” because it’s a signal: how much demand, how much adoption, how much attention, is Bitcoin getting today?
It doesn’t matter because 1 Bitcoin = 1 Bitcoin, and everyone who stacks sats today should be stacking for 10-50 years from now, when the world is priced in sats, when one USD is a meaningless figure, and when we look back at the early 21st century as a crazy time when it was actually possible to trade worthless pieces of government paper for the hardest and sounded global asset ever known to humankind.
That’s why price don’t matter 🫂🫡
Oh, yeah that makes sense. I thought you were saying you didn't care to gain money
Glad you mentioned that. In truth, that’s part of it.
Most people do get into Bitcoin because of number-go-up. I did. I was interested in a way to beat inflation (by a lot) and not need to suffer through all the fuckery of traditional markets.
But the more time you spend around bitcoiners, the more you realize it’s not (just) about the money. It’s that *the money* is the cause of the world’s problems, and *different money* might help us solve them.
Yes, protecting one’s hard-earned savings is, in and of itself, a worthwhile endeavor,
But Bitcoin is more than that: even if it stayed at 25,000 USD (or 100 USD) forever, Bitcoin would still present an opportunity to improve the lives of billions of people. Because it can’t be f’d with. It can’t be inflated. It can’t be confiscated or hacked.
It’s simply better monetary technology than the world has ever seen. So the price in fiat terms also ISN’T that important. Because at any “price” it offers immense *value*.
Thing is, an asset that offers such significant value to a global market, when coupled with fixed, immutable supply, is guaranteed (by the laws of “economic physics”) to increase in value as more and more global citizens become aware of and demand access to the asset.
That’s why NGU. And it’s why price doesn’t matter. 💜
Caring about our purchasing power not not be taken away is a way I like to see it as opposed to gaining money
I’d be happy to end up fabulously wealthy. I’d be lying if I said otherwise.
But it’s not the point. The point is that every reason I’ve had, to be discouraged about the future of humanity, is met with a possible solution in Bitcoin.
