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LouisiaNFT
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| Registered on: | 7/19/2025 |
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re: Someone sold 80K Bitcoin for $9.6B they bought in 2011 for $54K
Posted by LouisiaNFT on 7/19/25 at 7:22 am to Oates Mustache
Well, since you asked…
Theoretically, the ceiling for bitcoin is the sum total of all value recorded by humanity, and here is why:
Think of bitcoin as a giant digital abacus. Anyone, anywhere, can choose to use it as a ledger in which to record and store value. But given the fact that there are a finite number of beads, the only metric by which the abacus can “make room” for more value to be stored is for the value of the beads/units to increase.
This means necessarily that every decimal of bitcoin that you own represents your percent stake not just in the value of the network currently, but all value that ever will enter the network. And this is how ethical money should work - contribute value to humanity and have that value recorded permanently as well as benefit from others who follow and build upon the value created by others.
Anywho, people need to start wrapping their heads around why proveable scarcity is perhaps the biggest human innovation since the wheel and why bitcoin is going to keep devouring the marketcaps of all other assets classes in its way.
Theoretically, the ceiling for bitcoin is the sum total of all value recorded by humanity, and here is why:
Think of bitcoin as a giant digital abacus. Anyone, anywhere, can choose to use it as a ledger in which to record and store value. But given the fact that there are a finite number of beads, the only metric by which the abacus can “make room” for more value to be stored is for the value of the beads/units to increase.
This means necessarily that every decimal of bitcoin that you own represents your percent stake not just in the value of the network currently, but all value that ever will enter the network. And this is how ethical money should work - contribute value to humanity and have that value recorded permanently as well as benefit from others who follow and build upon the value created by others.
Anywho, people need to start wrapping their heads around why proveable scarcity is perhaps the biggest human innovation since the wheel and why bitcoin is going to keep devouring the marketcaps of all other assets classes in its way.
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