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true true trueeee... but, then, why do we not have more $100 notes...?
Gov clearly isn't maximizing revenue here (hihi, trick question!)
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Fiat will go to zero. BTC to infinity.
That’s is why I refuse to calculate a since inception return for bitcoin. The math speaks for itself. It is quite literally undefinable because it is not possible to divide by zero.
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- $1 and $2 bills: About 6.2 cents per note
- $5 bill: About 10.6 cents per note
- $10 bill: About 10.8 cents per note
- $20 bill: About 11.2 cents per note
- $50 bill: About 11.0 cents per note
- $100 bill: About 14.0 cents per note
Pick your poison. It’s all just worthless paper. lol
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Economics 101: All prices tend to converge towards the marginal cost of production. Consider the marginal cost of producing one bitcoin at $106,000 versus the marginal cost of producing a $100 note at $0.14. It's difficult to make sense of it all, but it seems that the marginal cost to produce bitcoin can only skyrocket along with its price!