Post #1213820: This one chart makes it quite clear what will…
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This one chart makes it quite clear what will happen to the price of #Bitcoin in the long run. The amount of BTC up for grabs (exchange balances + future supply from mining) is headed to zero. The # of on-chain entities is going up forever. Econ 101: demand +supply =

This one chart makes it quite clear what will happen to the price of #Bitcoin in the long run. The amount of BTC up for grabs (exchange balances + future supply from mining) is headed to zero. The # of on-chain entities is going up forever. Econ 101: demand +supply =

Feb 22, 2023 04:37 PM |
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mitchellhodl
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In the next ten years we will see: 1 house = 1 #Bitcoin & 1 house = $1,000,000 US Dollar. If you desire to purchase a house, then I recommend saving in the asset that GAINS in value relative to said house. Now this is a campaign I can get behind. #Bitcoin Three years ago the #Bitcoin network had settled a cumulative total of $13 Trillion in transactions. Today the total is over $100 Trillion. Probably nothing. The transition to a global #Bitcoin standard began with the genesis block. The transition isn’t binary. The new system is operating parallel to the old system, and you are free to join anytime. One day you’ll wake up and realize most of On average, the US Dollar loses 92% of it's value relative to #Bitcoin every four years. It's going down forever, Laura. Many assets have the potential to outperform #Bitcoin in the short-term. Few assets have the potential to outperform #Bitcoin in the medium-term. Zero assets have the potential to outperform #Bitcoin in the long-term.

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