pull down to refresh

How much ₿itcoin would be worth if people took the time to understand it ?
276 sats \ 18 comments \ @0xbitcoiner 12 Nov 2023 bitcoin
https://image.nostr.build/8125255f222baaac871ef160714ea5a36f9a3b07e6099e9d2cbf7102d66cf4eb.jpg picture @ M💡 https://nostr.band/?q=npub1ujm8l8mupgwvu8pye2ged78pg3huectlmm6at66x5wffgvl2fkgsygt8l4
It is impossible to say for sure how much Bitcoin would be worth. As more people understand Bitcoin, more businesses and individuals will start to adopt it. This increased adoption would further drive up demand and price.
And you? How much do you think bitcoin would be worth if fiat people took the time to understand it ?
write
preview
related posts
34 sats \ 1 reply \ @lightwalker 12 Nov 2023
https://m.stacker.news/4719
reply
0 sats \ 0 replies \ @0xbitcoiner OP 12 Nov 2023
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2022-07/b9834894-6808-4ca5-b116-8d413cfb0d6d.jpg
reply
20 sats \ 9 replies \ @DarthCoin 12 Nov 2023
how much Bitcoin would be worth.
That's such a fiat mindset... The whole point of Bitcoin is not about how much will worth in fiat.
Reminder: Satoshi's papers, stated: Abstract. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.
I do not see anywhere in that paper saying about "how much will worth".
reply
100 sats \ 8 replies \ @0xbitcoiner OP 12 Nov 2023
@DarthCoin, @OneOneSeven
Fine, fine... I have to admit that it really is fiat thinking, it's not an easy thing to cure. But at the end of the day, we need to have an idea of what is possible to buy with bitcoins, in terms of value. Or does the bitcoin bible say that it is not to be spent? Let's say then how much would it be worth in oranges? Or something else.
reply
0 sats \ 7 replies \ @DarthCoin 12 Nov 2023
You are confused about what is value and price... you need to read more economy.
reply
0 sats \ 6 replies \ @0xbitcoiner OP 12 Nov 2023
Let's say then how much would it be worth in oranges? Or something else.
reply
1 sat \ 5 replies \ @DarthCoin 12 Nov 2023 freebie
Bitcoin will never be "worth in x..." Bitcoin is energy stored in the most brilliant way. Energy that you trade for other type of energies (time, food, shelter, tools, materials).
What you accumulate today in sats is what you will exchange for other energy into your future. Is only about how you measure yourself the value of that other type of energy expressed in sats.
Who is selling you a good or service will ask you for a PRICE. You, will evaluate the VALUE of that good/service in energy units (sats) that you afford to spend.
It's all about FREE MARKET not about "fiat worth it".
https://i.postimg.cc/7P3d65yv/ramen.jpg
10 sats \ 4 replies \ @antic 12 Nov 2023
reply
25 sats \ 3 replies \ @0xbitcoiner OP 12 Nov 2023
I watched a bit of it and it seems like a good video. I'll watch it when I have an hour free. :)
reply
5 sats \ 2 replies \ @antic 12 Nov 2023
I find these podcasts play really well at 1.25x and sometimes up to 2x 😝
reply
50 sats \ 1 reply \ @0xbitcoiner OP 12 Nov 2023
I am not a native English speaker, so I need to listen to 1X.
https://assets.goal.com/v3/assets/bltcc7a7ffd2fbf71f5/blt8ab9a7fca043409d/60db726147339c0fc01c01da/c44867c52261294499239ae5b58a2e6ad3b3e7e1.jpg
reply
10 sats \ 0 replies \ @antic 12 Nov 2023
Roger that. I think they are going to start using some tools to translate their podcasts-they've talked about it on the show.
reply
10 sats \ 0 replies \ @OneOneSeven 12 Nov 2023
It’d be worth the same, 1 bitcoin, the world would just be a much better place.
reply