I underestimated how much financial advisors understand bitcoin.
I was speaking with one recently who said “…bitcoin isn’t like gold it’s like fiat”.
My jaw dropped. He went on to explain “…the government doesn’t control it now but they will… it’s just pre-fiat”
We’re still very early, stack up!
One of the most interesting things in the #SatoshiEmails is the view we get of Satoshi working on bitcoin with a few thousand dollars of budget.
I hadn’t thought about this before… Is bitcoin the most valuable discovery in history with the least amount of capital used?
It’s interesting how the financial choices of an individual on average will be chaotic and even psychotic.
That should scale as you add more and more individuals—but somehow when you add ALL individuals we just call it “the economy” and talk about it like it’s predictable.