/biz/ - Business & Finance

>>14262148
>What's it called when you believe in the tech, and the disruptive nature-- but don't believe 1BTC will be enough to buy a house. At least in the next 5-10 years.

It's called not having a good understanding of how utterly fucked up and historically anomalous the current monetary system is and how bitcoin is the only absolutely scarce asset in the known universe, apart from time itself. Read The Bitcoin Standard.

Another point I want to make is that Bitcoin will succeed regardless of your position towards it. While it is a software manifestation of a certain economic/political viewpoint (Austrian school of economics and the concept of sound money), it does not need a political agitation. It is the hardest money humanity has ever seen and ecenomic reality will impose bitcoin on population whether they want it or not. This is greatly illustrated in The Bitcoin Standard where half of the book is about the origin and history of money.

So the reason I am making this thread is not in hopes of neets purchasing a couple grands worth of bitcoin (as if it had any influence on market with 5 billion daily volume) but to offer at least some value to the unsuspecting poor souls comming to this place for information about crypto.

Read The Bitcoin Standard. It explains the history of money and why gold is considered the most trusted store of value.