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If #Bitcoin 
becomes the de-facto store of value on this planet, it will in essence be capturing all of human time and productivity. That said, even this analogy falls short of how bullish its long term potential is, because it omits a few factors.
becomes the de-facto store of value on this planet, it will in essence be capturing all of human time and productivity. That said, even this analogy falls short of how bullish its long term potential is, because it omits a few factors.
The current global population is 7.8 billion - a LOT of value to capture in only 21 million coins! However, population growth projected by the UN is expected to surpass 10 billion by the year 2057. Your value capture just grew by over 25%.
Along with more people, the same people are living longer lives. While the upper bound is making marginal increases, many who would have died early from disease are now surviving due to better treatment, able to live longer, more productive lives.
Speaking of productivity, natural deflation means that human ingenuity continues to produce more wealth with less effort. A single well-allocated hour of human time is becoming exponentially more valuable.
(Highly recommend reading @priceoftomorrow by @JeffBooth)
(Highly recommend reading @priceoftomorrow by @JeffBooth)
So you've got a rapidly increasing population that is living longer, and producing even more value with that time... and #Bitcoin stands to capture all of that as the global measurement for value within 21 million coins.
IF THIS DOESN'T MAKE YOU BULLISH, I DON'T KNOW WHAT WILL.
stands to capture all of that as the global measurement for value within 21 million coins.IF THIS DOESN'T MAKE YOU BULLISH, I DON'T KNOW WHAT WILL.
