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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!
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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