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3 sats \ 0 replies \ @BlokchainB 29 Jul 2022 \ on: A realistic fair value of Bitcoin bitcoin
Interesting thought experiment overall what matters most is the cost of goods and services. Bitcoin is hoping to fix price signals and have true cost stability across all the complex economies. If Bitcoin fails to do this then being in the 1% of “wealth” won’t matter.
Wealth is the goods and services a currency can buy you. If a family of 4 can live comfortably on a constant sat salary that reflects the value and productivity they bring to the world then you can say bitcoin solved the problem of fiat money