I had a meeting with a group of mathematicians and physicists last night about Bitcoin growth. A great point made by the group is the “bubble” was in 2014, they see this phase as adoption growth to >$1 million per BTC.pic.twitter.com/b7R5tFRvO0
we can only see what we think is possible...
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I had a meeting with a group of mathematicians and physicists last night about Bitcoin growth. A great point made by the group is the “bubble” was in 2014, they see this phase as adoption growth to >$1 million per BTC.pic.twitter.com/b7R5tFRvO0
I wonder about the broad ramifications of the “creation” of that much value/wealth.
Jaime, great question. You know the gold, silver, oil, gas rushes created the same impacts on society. For example San Francisco exists mostly because of the Gold rush and the local investment by miners in the region. Silicon valley was owned by a good miner.
Yes. Will be interesting to see what happens in this global environment without a geographic centralization of the wealth that’s created. Also wonder if the number of people who profited in those rushes were comparable to the number of people who will be holding coins?
Jaime, indeed. Each epoch produces unexpected new wealth to those that capture the opportunity. Most rushed actually last decades after the popular opinion wanes. We live in very interesting times.
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