What I find amazing is how history repeats it self. In the late 80's early 90's few people understood how some of the companies which are giants today would totally change the world. Bitcoin is bigger.
I will keep repeating. These three things are very big movers of price.
1. Bitcoin is Fixed in Supply - The Stock to Flow is known issuance. PlanB's estimates are based on early understanding as seen through the prices which Bitcoin traded at.
2. Bitcoin and its ecosystem are Exponential Technologies. Further, they are built on exponential technologies of both the internet and the mobile internet. This means that applications can go from almost no use to billions
As the World comes to understand prices will reach levels few can imagine. Many will look back at 10K and say you paid $1.00 USD for 10,000 Satoshis SATS! That's insane. Today that's 100X, 1000X in buying power.
Yet that opportunity is here with us today in #bitcoin.
TYPO in thread
Network effects do NOT! attach to alternative "coins."