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The average marriage lasts 8 years with estimated 22% ending due to finances. Diamonds lose value the moment you drive them off the lot. On the other hand, Bitcoin is up 40,000% in the last 8 yrs. So, do you cherish your relationship or do you want to die alone? #putabitcoinonit
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PUT A BITCOIN ON IT?! 😍 @jespow @sonalibasak twitter.com/technology/sta…
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I said the opportunity to buy Bitcoin at a price to ever get 40,000% return. 40,000% return on $40K means Bitcoin would be worth $16 million each. That’s not even remotely possible.
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Exactly what? The 100 Trillion Dollar Zimbabwean note was worth roughly $0.40 USD when it was issued. It was abandoned as currency in 2008. It sells as a collector’s item for ~$300 now. Using it as an analogy is making the exact opposite point that you think it is.
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No, $16 million per Bitcoin is literally not possible. It’s simple economics, not a dig on Bitcoin. Zimbabwean money is basically worthless, so that’s a bad analogy for you. That barely bought a loaf of bread when issued, and now sells for ~$300 online as a novelty collectible.
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