Everyone asks me if bitcoin will go up. I respond, "Its value will not change, but you will need more and more paper dollars to get one as time goes by. The same goes for houses, cars, and other non-paper assets."
Everyone asks me if bitcoin will go up. I respond, "Its value will not change, but you will need more and more paper dollars to get one as time goes by. The same goes for houses, cars, and other non-paper assets."
That’s the perfect way to put it. The dollar is losing value, not Bitcoin gaining some magical power. It’s not that things are getting more expensive, it’s that money is getting weaker.
Brilliantly said. It’s not Bitcoin that’s changing, it’s the dollar that’s quietly melting.
We don’t measure the sun in candlelight. Time to rethink what value really means.