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For Those Who Read "The Bitcoin Standard" by Saifedean Ammous

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What was your biggest aha moment???

For me it was realizing that money as a medium of exchange flows to the hardest asset or the asset with the most salability (stock to flow ratio). So when I looked up the market cap of gold (considered the worldwide standard for hardest asset) and saw that it's $18T and did the math on the 20M coins in circulation. I realized that the eventual long-term equilibrium price of the market cap of Bitcoin will have to settle to at least this price of $18T whether any individual or government likes it or not. Even if they try to fight it, it's a huge uphill battle. This would put the eventual price of Bitcoin at $900,000 per coin when it reaches equilibrium.

This is why I stack. You?

submitted by /u/KryptoSC
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