Quote from: LoyceV on Today at 01:47:02 PM

Quote from: cygan on Today at 09:47:58 AM

nothing more needs to be said about this Grin

I can add one thing: at some point (when infinite dollars happen), the dollar value is no longer relevant. The purchasing power per Bitcoin has to flatten at some point. I'm now only wondering if that's going to be at 1 house per Bitcoin or 10 houses per Bitcoin Cheesy

I am not sure, Loyce...

Are you trying to say that bitcoin is "not" designed to pump forever?

Whether we are talking 1 house per BTC or 10 houses per BTC or some other price point, there is a bit of a suggestion that houses (in your example) are as scarce as bitcoin, amiNOTrite?

I will concede with an overall point that our bitcoin price trajectory (including ongoing BTC prices) is going to likely become more and more flat with the passage of time, but I am having some doubts that bitcoin would stay flat relative to any particular asset, such as 10 houses because that would suggest that houses are as rare as bitcoin...

Accordingly, maybe 1 year from now, we have bitcoin valued at 1 house,
then 5 years from now we have bitcoin valued at 10 houses,
then 9 years from now we have bitcoin valued at 16 houses,
then 13 years from now we have bitcoin valued at 24 houses,
then 17 years from now we have bitcoin valued at 34 houses,
then 21 years from now we have bitcoin valued at 44 houses,
then 25 years from now we have bitcoin valued at 52 houses,
then 29 years from now we have bitcoin valued at 58 houses,
etc etc etc

So we end up getting some kind of a flattening of how much bitcoin is going up, but relative to baskets of goods, bitcoin is the most scarce, so I am having some troubles hypothesizing a basket of goods (whether houses or some other basket) in which the assets in the basket are appreciating at the same rate as bitcoin.. but hey.. those are speculations that could take a decently long time to play out.... and may not exactly affect our "today's" investment thesis, even though there can be some good ideas and plans to have some ideas where the long term might be going, even if the details are not really known various aspects of the trajectory are assigned meaningful and significant probabilities.. .so in that regard, any of us might be directionally correct without really knowing too many of the specifics with any kind of high confidence.