We expect there might be a little spring in your step this week. Bitcoin’s price has made a significant jump in the right direction and has very nearly crossed the 90,000 US Dollar mark.
That’s an awful lot of government coupons!
Of course, this increase vs the US dollar shouldn’t come as much of a surprise. If you value something that is completely finite (bitcoin), in something that is infinite (fiat), then the former rising in price vs the latter is not only likely, but certain.
That’s why we often try to remind ourselves that Bitcoin’s price is one of the least interesting things about it. On a long enough timeline, measuring anything’s value in dollars will seem an absurdity. Bitcoin will eventually become the denominator when pricing anything.
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