If bitcoin just survives for long enough, it will win
We know this because gold has been our example.
If you had used your $20 US dollars to buy 1 ounce of gold back in 1933 you'd have, well an ounce of gold.
If you held that ounce of gold until today and sold it back for US dollars again, well you'd have about $1,770 US dollars.
In visual terms:
(Source: https://twitter.com/alistairmilne/status/1282575794494218241)
Yes 87 years is a long time to wait, but I think you get the point.
Now lets go talk to that poor sap who had been holding his $20 under a mattress for the last 87 years and see how value value that is worth.
Hint, it's still $20 but it has 99% less buying power.
Ouch.
What ..$20 US dollars to buy 1 ounce of gold back in 1933 . Thanks for the post , and also for the news
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Seems crazy, but $20 had a heck of a lot more purchasing power back then.
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I want to contact with you sir.. It's very emergency.. Please...
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What's the emergency?
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Can I talk to you on Discord ? It would not be right to say here
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I'm not on there, what do you need?
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Emergency? Did we not defund the cops
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I saw the commercial of what happens when the cops don't answer when you call. It's scary.
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