/biz/ - Business & Finance

>does the same shit for 10+ years
>this time is different

>>58583274
BTC is going to 25 million. This is beyond dispute. You need to stop wasting time posting this anti-BTC nonsense to feel better about having wasted your money on meme coins with silly dogs and frogs in hats.

test

>incorporeal abstraction of value is beholded to the same laws of thermodynamics, square-cube, and other physical realities
This is what the niggers would call a "false equivalence"

>>58583292
so at 25 million a coin, bitcoin's market cap would be 525 trillion, which is more money than it currently exists on the planet.

do you honestly believe this?

>>58583486
Does the 25 million represent the value of his love? This guy is noble, I tell you.

>>58583486
I do but only because money printer is going to go brrrrrr so much that it costs 3 billion to buy a loaf of bread.

>>58583486
now do the global stock market to M1 ratio and then do btc mc to that ratio and see where you end up
an assets mc is very independent from any form of M1

>>58583290
>she thinks 10 years is a long time

>>58583290
>bitcoin never dropped below the previous ath in 10 years so it'll never happen!
>bitcoin never reached it's previous ath before the halving so it'll never happen!

>>58583486
>Currently exists
You pointed it out already

>>58583274
Let the retards believe, more than anything Bitcoin needs bagholders.

>>58583274

>>58583274
USD inflation goes up forever therefore bitcoin must

>>58583486
another person that does not understand what market cap means

>>58590148
weimar lasted what, 10 years

>>58583290
how is the dutch east india company doing right now

>>58583429
the value is abstracted from real world micro and macroeconomic contingencies that are determined and constrained by thermodynamic principles
all commodities are derivations of energy including virtual ones, yes
otherwise it would be an actual casino

Monetary expansion is exponential in nature, money stock roughly doubles every decade, that's 1000x over a century. BTC will continue to expand as a positive multiple of monetary expansion until mature capitalization ($50-200t in 2024 dollars) and then perform more like broad equities, tho will still outperform equities as BTC has less parasitic drag

>>58591806
that is assuming that the mining system of bitcoin is sufficient to secure the network that is worth 100x more than the marketcap

>>58591388
>>58591402
Zero kelvin IQ take

>>58583429
midwit detected

>>58591824
>NSA spends $100b to build a super hash cluster
>51% the network to double spend
>nodes: "Very good NSA, very good... HOWEVER"
>blacklists NSAs nodes, wallets, and coins
BTC's security budget doesn't need to be a large fraction of mcap, just huge enough for attacks to be unprofitable, which it already is

>>58583769
>The Fed will just print money forever!

>>58591639
> constrained by thermodynamic principles
nigger they are going to hyperprint more money the next time there is a recession

they printed 25% of m1 to prevent a recession from the flu

btc will go to 1million plus and you will cope and seethe

>>58583274
>USD wont go down forever!

>>58584167
I love riddles with answers already in them

>>58593231
Yes. See:>>58591806