#Bitcoin is money that cannot be diluted. Money is a call option on all future capital forever.
Post-hyperbitcoinization, the real return of bitcoin will be the equivalent of $SPY or a “diversified” portfolio.
99.9% of the world will have > 90% of their net worth in #Bitcoin.
Post-hyperbitcoinization, the real return of bitcoin will be the equivalent of $SPY or a “diversified” portfolio.
99.9% of the world will have > 90% of their net worth in #Bitcoin.
Just because most people just sit on their #Bitcoin, does NOT mean growth will slow.
Growth will drastically accelerate bc the market converging on HODLing bitcoin will increase its purchasing power until entrepreneurs see real alpha in the market.
Growth will drastically accelerate bc the market converging on HODLing bitcoin will increase its purchasing power until entrepreneurs see real alpha in the market.
How?
If an individual HODLs #Bitcoin, the very act of removing supply from the market increases the purchasing power of all other bitcoin savers.
This upward feedback loop repeats until someone sees a good risk-adjusted opportunity to invest.
If an individual HODLs #Bitcoin, the very act of removing supply from the market increases the purchasing power of all other bitcoin savers.
This upward feedback loop repeats until someone sees a good risk-adjusted opportunity to invest.
#Bitcoin forces all investors to be much more selective (higher hurdle rate), BUT its massive future purchasing power will give magnitudes more individuals the capital/optionality to pursue investments that may produce market alpha.
A perfect recipe for massive economic growth.
A perfect recipe for massive economic growth.
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