I agree with you. But don’t forget that money requires confidence by humans that others will accept it in the future. That confidence usually emerges from something deeper than social agreement alon...
value does not necessarily have to be number go up.
bitcoin's value its finite cap. thus everything then becomes valued against it.
printing currency (fiat): today a loaf of bread is $X. tomorrow it will be $2x then $3X etc
finite supply of money (btc): reverses the process. today bread is 5000sats, tomorrow 3000sats etc.
the value is what it will be able to buy tomorrow, if it is stored/saved, unlike the fiat currencies that are worthless today and will be worth even less tomorrow.
not money go up just common sense.
just sayin'
GM 🙃
bitcoin's value its finite cap. thus everything then becomes valued against it.
printing currency (fiat): today a loaf of bread is $X. tomorrow it will be $2x then $3X etc
finite supply of money (btc): reverses the process. today bread is 5000sats, tomorrow 3000sats etc.
the value is what it will be able to buy tomorrow, if it is stored/saved, unlike the fiat currencies that are worthless today and will be worth even less tomorrow.
not money go up just common sense.
just sayin'
GM 🙃
1