The reason people are so shocked by #Bitcoin price is because we think we understand static supply but we don't. For centuries, humans thought various monies were effectively fixed supply. But they were not. Not even gold. And as the value of a money goes up, the temptation for humans to cheat and tinker with the supply goes infinitely higher. Bitcoin is the first asset to solve this problem with true fixed supply. It will be a fascinating economic theory lesson for all of us.
- Mike Belshe