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0 sats \ 2 replies \ @kr 22 May 2023 \ parent \ on: ∞/21M > $ × ∞ bitcoin
Ok so if 1 BTC is being traded for 1 home, the BTC in the economy represents half of the economy’s wealth… right?
are you saying no value can ever exist if it is not represented by bitcoin?
If we refer back to the base equation it becomes simple.
∞ / 21M
Everything / ₿
All Assets + Money + Energy / ₿
If it is not ₿itcoin, the only place it belongs is on the left. Part of ∞.
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in the example above, homes are part of the denominator, not the numerator. i believe the same is true for all other assets too.
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