Post
Topic
Board Services
Re: [FULL] ChipMixer Signature Campaign | Sr Member+ | Up to 0.0375 BTC/w
by
Dabs
on 12/01/2021, 13:26:10 UTC
Let's make it easy and say that at one time in the past, you had to pay 1 BTC for a USB drive. We are going back to a time when 1 BTC = 1 USB drive.

That statement is now untrue. 1 BTC is not 1 USB. But 1 BTC = 1 BTC. As was explained by another poster, people are looking at the fiat value of things.

It used to be 100 BTC = 1 Lambo, now it's like 5 BTC = 1 Lambo (some car dealership in Australia is selling Lambos for BTC.)

In this particular case, ChipMixer does not deal with fiat, it never has. It has only dealt with BTC. It takes your BTC, it mixes your BTC, you get chips in BTC. Not once does anyone get a USB drive or a Lambo or US dollars or coffee or any other object for that matter.

The only thing that may have changed is the value of effort and time of the posters and how much it is worth to them.

If you are surprised, then you probably think that people don't believe in BTC. Some actually do. That we get some sort of other value out of it is a side effect. The institutions are voting with their buying power which is why the price is going up.

There is another meme with Neo and Morpheus: When the time comes, you don't have to.

Hal Finney predicted 10 years ago that 1 BTC = $10m USD. More recently Michael Saylor said 1 BTC will be $15m USD. Yet another website I've read posted an article for $50 to $100m.

It's going to happen in my lifetime, only because I think I have another 40 to 50 years to live. Smiley