Do the math of a chunk of $900T wealth in the world divided by 21M #btc , consider that much of the $ has been hoarded into over-priced assets and most have yet to understand Bitcoin. Then reflect on Satoshi's comment below and the fact that many institutions want an asset such as the new BTC ETFs to trade for 100 days before deciding to invest. We are still very early but the parabola looms.
“A rational market price for something that is expected to increase in value will already reflect the present value of the expected future increases. In your head, you do a probability estimate balancing the odds that it keeps increasing.”
— Satoshi Nakamoto
BtcMindShifts / Btc_MindShifts
npub1hl…t066q
2024-04-08 05:25:58
Author Public Key
npub1hle0twlg2p29dmzaqctu2fnc8v8qalswmlanxy43le6wlkcn65uq9t066qPublished at
2024-04-08 05:25:58Event JSON
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"content": "Do the math of a chunk of $900T wealth in the world divided by 21M #btc , consider that much of the $ has been hoarded into over-priced assets and most have yet to understand Bitcoin. Then reflect on Satoshi's comment below and the fact that many institutions want an asset such as the new BTC ETFs to trade for 100 days before deciding to invest. We are still very early but the parabola looms.\n\n“A rational market price for something that is expected to increase in value will already reflect the present value of the expected future increases. In your head, you do a probability estimate balancing the odds that it keeps increasing.”\n— Satoshi Nakamoto",
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