Iām as bullish as fuck but bitcoin is not going anywhere near $15M in 5 years without an almost complete collapse of the dollar.
You're not bullish enough nostr:npub19updwmcfve4wqahxt04kplcet6mlgj63cuc50f4rwaytl27kpf7qxjtt6r #zapathon

So in 5 years, bitcoins value is on par with the entire net worth of the globe? (About $400 trillion)?
Well, maybe if the dollarsā purchasing power drops by 99% in 5 years.
Iām sure there were some German citizens in 1923 who sold their gold for Marks because the price of gold was āhighā, only to have those Marks be completely worthless by 1924.
Yeah, but a sat could be worth a penny or even a dollar someday.
Yep. Damus and Plebstr
Boomers have most of the wealth and probably will never buy a lot of bitcoin. But in 20 years they will have moved on and given their wealth to the 30 and 40 somethingās of today, who will.
Sorry I misunderstood you. I thought you were saying āno future demandā is necessary for the price to increase, but you are saying no āincrease in demandā is necessary. I agree.
My point to Mr Ross is that the network was not ādesignedā to increase the purchasing power of bitcoin as it is still a network that is inflationary, albeit disinflationary. But it still takes humans making decisions about purchasing bitcoin because they see the value in doing so, which bids up the price, and that is what causes bitcoins purchasing power to increase.
Jury cancelled my Twitter Blue Check. Had an honest conversation with nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx regarding it.
Yeah!!!!!
The rate of increase in bitcoin supply is decreasing, but the total number of bitcoins increases every 10 minutes. If no new capital comes in, there is no one to buy the newly created bitcoin. Really have to end this now as you are not understanding basic economics. I agree the price of bitcoin is likely to go much higher, but it is because of future demand, not because the subsidy is decreasing over time.
There is still an increasing supply over time and someone has to buy the newly created bitcoin.
Well, not exactly. Bitcoins purchasing power only increases if the demand for bitcoin increases more than its inflation rate relative to the inflation rate of the dollar. Humans decide on that demand and it is highly probable but not mathematically certain by design that this demand for bitcoin will continue to increase.
Well well wellā¦
We got the call from Apple today. Zaps from posts in iOS AppStore version will be removed.
š„ HOWEVER š„
Thatās not stopping us and iOS users will always able to ZAP posts ā”ļø
Nostr always win. Stay tuned! š
#PWA #ZapsForever
https://nostrcheck.me/media/public/nostrcheck.me_8628832312888378631689019323.webp
The revolution will not be stopped by Apple or anyone else.
My name is Elon, and Iām here to protect you.
Lose your ego, the root cause of all suffering.
What changes or what fails if the government built upon open protocols that they canāt own, control, or manipulate, with every interaction visible to all nostr:npub1tsgw6pncspg4d5u778hk63s3pls70evs4czfsmx0fzap9xwt203qtkhtk4 ?





