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35 sats \ 4 replies \ @028559d218 OP 22 Mar \ parent \ on: What are these Sats Worth? A Thought Experiment... bitcoin
Thank you. I like the Nakamoto Portfolio / Estimator I mentioned it in a post a while back...
Like you were saying it's mostly about 'value storage' but medium of exchange adds a tremendous amount of value too.
Where else / how else can I securely send fractions of a penny to random strangers on the internet at all hours of the day and night? And swap those pennies into cold storage that's super secure? No other 'asset' or 'system' does this and in my opinion that adds way more value than people are giving it credit for.
From the various approaches I've seen and tried, I like the ballpark figure of $1M for the best current valuation of bitcoin.
It's especially nice because sat-cent parity is very easy to think about. If we start getting closer to that, I'll try to revise my estimates.
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Makes sense.
I still believe we'll get "youtube lightning" one day (in the next 10 years)
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That's the one I want so badly. I have some hopes for Rumble getting us partway there, but we'll see.
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Lightning is like drugs once you get it working (as a figure of speech of course)
The world will love it
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