>>2917755
>>2917794
I understand this part.
My point is, say you buy a videogame today for 50 bucks, equivalent to 2 sats. Next minute, BTC moons and is worth the double. The same game will now go on sale for 1 sat (or people will just fork over the 50 bucks instead).
So, if in a given minute, the value doubles, the demand for BTC itself will have to halve at the same rate. So what is the point of holding this in a long-term perspective?