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Shanks
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Shanks
@busbtc
Technology | Privacy | Bitcoin | FOSS
Caput Mundi Katılım Ekim 2020
2.6K Takip Edilen3.7K Takipçiler

$10,000 in Bitcoin today is worth ₿0.1536.
If BTC hits $1,000,000 in 2030/31, you would have $153,600.
Assuming 5% annual inflation over the next 5 years, your real purchasing power would drop to about $120,375.
That’s still a 12x return and a super efficient way to protect your wealth and purchasing power.
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Diminishing returns are indeed normal in the fiat pricing, but still, imo, Bitcoin has a big margin left in fiat. And at the end of the day, if it becomes the most used form of money or at least one of the main ones, it will at least preserve your purchasing power, something fiat has failed to do over the last 100 years.
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@busbtc I had these estimates before the last two cycle tops. While not ruling it this figures out, it's hard to not look at objectively and see the diminishing returns.
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i have no desire to be rich so i can buy a lambo or birkins.
I want to be rich so I can control my time and go to the gym at 2 pm on a wednesday.
sit at a cafe and relax for an hour on a rainy afternoon.
so I can cook meals at home with fresh ingredients.
spend on my family and friends without worrying about a budget.
that’s my idea of a rich life, not the fake consumerist idea shoved down my throat.
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