reply on: Bitcoiner buys 1000 BTC gold Casascius in 2012 knowing it's a great investment \ stacker news ~bitcoin

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0 sats \ 12 replies \ @nullama OP 5 Mar freebie \ on: Bitcoiner buys 1000 BTC gold Casascius in 2012 knowing it's a great investment bitcoin

I'll be a Bitcoin lover forever, and I will come back to this forum regularly to discuss about the future that's in our own hands! I will keep the 1,000 BTC gold coin as a lifetime investment and I'm pretty confident that it'll be the best investment ever in my life.

This was said in 2012, more than a decade ago. Now that coin is worth more than 66 million USD (plus the value of the gold).

If that person still controls that address, then they are a multimillionaire

10 sats \ 11 replies \ @DarthCoin 5 Mar

, then they are a multimillionaire

No, they have just 1000BTC. You can say billionaire in sats maybe.

2 sats \ 10 replies \ @nullama OP 5 Mar

They have the purchasing power of a fiat multimillionaire

0 sats \ 9 replies \ @DarthCoin 5 Mar

fiat doesn't have value. Products and services have value.

1026 sats \ 8 replies \ @nullama OP 5 Mar

You can exchange fiat for products and services. That is value.

If that's not valuable then Bitcoin also doesn't have value.

0 sats \ 7 replies \ @DarthCoin 5 Mar

You described money, not value. I think you cannot make the difference. That shows fiat mindset.

1120 sats \ 1 reply \ @Fabs 5 Mar

Do you ever stop forcing your hardliner-crap down people's throats?

0 sats \ 0 replies \ @DarthCoin 5 Mar

120 sats \ 1 reply \ @nullama OP 5 Mar

Bitcoin in 2009 had no purchasing power for example.

0 sats \ 0 replies \ @DarthCoin 5 Mar

Please go back and read what is money. Or watch here a video explanatory for your level of understanding (reddit shill). https://www.youtube.com/watch?v=U_SVexaSMwk

0 sats \ 2 replies \ @badabing 5 Mar

"Measuring the Bitcoin price in $ is not a "fiat mindset" it is a measurement and convenient communication for purchasing power that most people understand." John Carvalho on Twitter.