Josiah Munns's avatar
Josiah Munns
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22 year old from Australia BTC/MSTR/STRC/CASH
What would you prefer ? Bitcoin to reach $1,000,000 >Tomorrow >1 year >5 years >10 years You don’t want it to reach $1,000,000 tomorrow , or in 1 year, or in 5 years. Even 10 years won’t give you enough time to accumulate enough Bitcoin. You’ll always be inadequate. You also need time to get as many of your loved ones - friends and family - onboard and stacking SATS . “Don’t wish for a price rise tomorrow , wish for the opportunity to extend in availability.” image
Those who leave real estate as a store of value and invest in Bitcoin. > they benefit all of the bitcoiners (increase demand, therefore price) >they increase THEIR profits margins (annual growth) and with no maintenance or property tax (save on costs) >bring down the prices of real estate and therefore benefiting youth across the globe by making it possible again to buy a house and live the American dream. >invest in something that’s sustainable and non-consuming (digital property) >portable (move their digital property across the globe >scarce (only 21 million ever made / to be made) >Divisible (BTC can be divided by 100,000,000 satoshis . Just to name a few. BITCOIN HELPS EVERYONE image
“The question is, what’s the real bench mark for an investor. I don’t think it’s the CPI, the CPI is a very synthetic metric which is cherry-picked by a bunch of government paid economists in order to the lowest possible measurement of inflation. If things get too expensive, they throw it out of the CPI. “ @Michael Saylor (executive chairman and co-founder of MicroStrategy) He then goes onto discussing that a more realistic and better metric to set a benchmark is the M2 money supply. Anything that matches that rate , isn’t making money they are just keeping their moneys values. Anything that falls short , it’s just an illusion with numeric values that you’re making a profit . The last 4 years the money supply has increased by at least 40%. If you held $100,000 in 2020. It can only buy you $60,000 worth of ‘stuff’ in todays economy. BIG WAKE UP!
@Jor loved this quote of yours. A house worth $250,000 10 years ago was worth 833.33 Bitcoin at the 2014 peak price (approx. $300) . A house worth $250,000 now can be bought for 3.97 Bitcoin at $63,000 a coin. Quite surreal. Bitcoin is superior to fiat . image
Volatility is an opportunity in the free market . Would you rather a volatile asset with opportunities to buy up the asset cheaper ? Or an asset that appreciates linear consistently for the next 21 years. #btc @Michael Saylor image