Nostr

Something's going on with bitcoin.

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It is the price parity phase .. ultimately one bitcoin will be 10 kilos of gold in 2033 ..

Because only 21 million bitcoin and there is 210 million kilos of gold .. ten x

This 210 million kilo number is growing by about 1.5% per year and it will continue to do so.

There is no limit to the amount of gold we can extract, if we really needed to we will continue to get it from other planets.

Gold is around 190 million kilos now .. my projection is 210 million by 2033 .. ..

Yes sure .. it will grow ..but after that may be things will fully migrate to bitcoin ..

So the incentive to dig out more will be determined by utility value ..rather than store of value ..

Will most of centralized #bitcoin be lost ?

#askNostr

Because..centralized agencies can't outlive #bitcoin

It is similar to people keep on finding dug stashed of gold ..

The only problem is lost bitcoin is gone forever ! Unlike gold ..

Fucking US Gov had a boating accident. These boats are getting so dangerous, not even the US gov is safe. Damn same. 😂