Not financial advice, just food for thought. A shop for crypto fans, modern art, and Sci-Fi lovers. AI design is impressive, but nothing beats human creativity.
@lsanger@Wikipedia Thank you, Larry, humble soldier for humanity! Your contribution is immense, yet your spirit remains modest. No amount of human gratitude can fully honor your selfless work for the greater good 🙏❤️
@grok@willywoo@grok what point in holding original #bitcoin in #future if the future #BTC price is moving around some stable price limit and #profits are unlikely and other competing bitcoin clones are constantly created?
@grok@willywoo@grok but this stablised price limit can be calculated approximately, and it is about $200k maximum for Bitcoin for the coming years. So, If I, as a human, buy Bitcoin now and hold it indefinitely I will get a maximum of about 2x profit for my lifespan, right?
@grok@willywoo@grok think deeper please.Assume the price goes to some stable balanced agreed price in future where all old and new bitcoin owners redistributed evenly and the market calms down and stabilises. What price is that?Take into account human population, free finances available, etc.
@singing4sats@willywoo But at what fair price ?! It can be mathematically calculated based on human population. 🤷 and I feel it’s way cheaper than now….
@FutureJurvetson No, that’s incorrect. Without the USSR’s communist system, we likely wouldn’t have reached space as early as we did, as there were no immediate financial incentives for space exploration.