what's the real price of bitcoin?
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Today's episode was on the real price of bitcoin. Every is fixated on the price of bitcoin in USD. But maybe we should be valuing things in terms of bitcoin instead. Because how do you value something against an asset (like USD) that does not have a fixed supply? Not only is the supply unlimited, but we also have no idea how many US dollars are out there.
The general thesis of this episode is that the price is kind of irrelevant. The price of everything has fallen in relation to bitcoin and will continue to do so over time, based on the growing demand and shrinking supply of bitcoin.
If you would like to create a bitcoin strategy for yourself, your family, or your business, please contact me at 88sats@proton.me!
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