Read_705 - Bitcoin's Full Potential Valuation [Croesus]

Published: March 2, 2023, 10:30 p.m.

b'"But for me, when I think about what Bitcoin\\u2019s properties are as a store-of-value asset and then compare those properties to the existing store-of-value assets out there\\u2026 Bitcoin is by far the best.\\xa0\\nFor that matter, if Bitcoin continues to outperform because of its unparalleled properties (and the world begins to come to terms with the reasons for that performance), it is a real stretch to say that Bitcoin will only convince 30% of the money stored in bonds and fiat money to re-allocate to Bitcoin.\\xa0Particularly because of the scale of inflationary money printing that will be necessary over the coming decade to service the mounting national debts and unfunded liabilities throughout the world." \\u2013 Croesus\\n\\nSure we are going to the moon... but how high might that be exactly? As a fun follow up to Aleks Svetski\'s "Three Generations" until we reach a Bitcoin world, let\'s have a little fun at imagining just how much wealth could be built in those generations. \\n\\nCheck out the original for the tables and estimates that will let you explore yourself what potential market makes since to you. Plus the many other links provided for Croesus\'s other writings:\\nhttps://jessemyers.substack.com/p/bitcoins-full-potential-valuation\\n\\nGuy\'s Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev\\n\\nCheck out details on the Swan IRA! \\nDon\'t forget to check out our amazing sponsors:\\n\\u2022 Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard)\\n\\u2022 Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold)\\n\\u2022 The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy)\\n\\n-------------------------------\\n"Admittedly, monetary calculation has its inconveniences and serious defects, but we have certainly nothing better to put in its place, and for the practical purposes of life monetary calcu- lation as it exists under a sound monetary system always suf- fices. Were we to dispense with it, any economic system of cal- culation would become absolutely impossible." \\u2013 Ludwig Von Mises\\nLearn more about your ad choices. Visit megaphone.fm/adchoices\\n\\n--- \\n\\nSend in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message'