An approach to the true Value of Bitcoin

in #bitcoin7 years ago

Don’t read this if you are not a Bitcoin Maximalist.

Don’t read this if you have not heard the word Hyperbitcoinization.

Don’t read this if you haven’t yet google what the total value of money in the world is.

Don’t read this if you don’t have goosegumps all over at least sometimes when you think of your bitcoin.

It is true. HODLers can potentially increase the value of BTC to infinity. Think about the last block reward reduction period. Each block yields 1 Satoshi. All other BTC are HODLed. The net value earth wealth growth (to avoid the word universe) will be equal to the Satoshi / 10 min. They will be forced perpetuate this 1 satoshi coinbase reward to (nearly :) infinity by splitting the 50 BTC from the genesis block because they are provably Satoshis property.

You somehow already know that this will be the value of BTC.

And now think of inviting other people to this world by spending some bitcoin to them. What feeling does that give to you. So go ahead and spend.

Just replace with new BTC immediately after spending. Or buy more. But spend BTC not fiat whenever possible.

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