I'll see you in a few years for the next nonsense craze which is new, exciting, shiny, and with which lots of people will lose lots of money. And throughout all of this, what's the one constant? Bitcoin.
im saving this quote because O_E_L_E_O loves other networks, seems appropriate to make him aware of his own words used against him when he advertises other networks as "bitcoin 2.0"
.
as for the topic creators posts
the 50k vs 1k scenario.. average joe does not need to invest $50k to 'get in' he can buy 1k. when you learn is that in bitcoin. in the hard code of the block and raw transaction data. there are no btc. there are only satoshis(sats) you dont need to buy 100,000,000 sats to 'get in' you can buy a few thousand if you want.
nothing stops anyone from buying 2000sats($1k)
as for market crash scenario.
in shares, a business can end up being valued at a negative balance sheet(debt) and thus end up leaving the market at $0 per share. but bitcoin is a mined asset like gold, which has actual acquisition costs. either from the mining, or buying from the miners or buying from the people that bought from the miners. these acquisition costs keep a underlying value above 0. there will never be a time where it costs minus $10 to have bitcoin. bitcoins are not debt nor potential debt.. it will always be the case where the cost is positive. bitcoin is not like company shares in any way