Damus
Dr. Jeff profile picture
Dr. Jeff
@DrJeff
Hear me out regarding #Bitcoin’s ascendancy to becoming the world's reserve currency by 2050.

2010s: Collectible (~200% CAGR)
2020s: Store of Value (~50%)
2030s: Medium of Exchange (~25%)
2040s: Unit of Account (~10-15%)
104❤️26🤙4:fire:11👍🏻1💯1
Deleted Account · 131w
if this prediction holds true my kids better spring for the nice nursing home damnit
MacroIDK_BTC · 131w
What are the relative prices you foresee in each decade to lower CAGR so much?
Deleted Account · 131w
2050s: Local currencies no longer exist, humans use bitcoin only. Assuming humans continue to increase their productivity > bitcoin’s inflationary rate-we have a truly deflationary environment.
Zach⚡️ · 88w
Your terms are acceptable
BT · 88w
Still trying to feel like I’m not late to the party…
Deleted Account · 88w
I like this framework. It’s a mental battle to already think of #bitcoin as unit of account on personal level when the fiat system is still so entrenched but this will be the final hurdle to global acceptance
Bison · 88w
Kinda lines up with nostr:npub1dtgg8yk3h23ldlm6jsy79tz723p4sun9mz62tqwxqe7c363szkzqm8up6m 3 generation theory. If bitcoin is the reserve currency for another 20 years after 2050, fiat may be a near distant memory for those being born then.