I like owning pieces of productive assets I.e. equities of good companies. I had never thought before about when I buy bitcoin I’m actually getting the same exposure + a lot more
If the stock market is worth the present value of all future cash flows of the companies in the market, shouldn’t #bitcoin today be worth the present value of all future cash flows of all companies / assets / people everywhere, divided by 21mm? Which is why it has a correlation to the “market” because it is THE market
Which is the best app for dollar cost averaging into #bitcoin #btc ? Since transaction size will be a low $ each time I want to make sure I don’t have slippage with fees and execution
What is the size of total debt + unfunded liabilities, something like 400 trillion or roughly 10x the final settlement layer? Is that another way of think about what bitcoin should grow into? M0 by definition is < M2 so can never be used to repay debt in its entirety, only solution is to print more