Oddbean new post about | logout
 We know how to act like we've been here before. #stayhumble 
 Haha yes I meant precoiners

Not us 

I'm sure if you took a poll on nostr, most people wouldn't even think of selling any at 700,000. Maybe even 7 million 

Which begs the question - what's the true "price" of bitcoin? 

Or is it the thing pricing all other assets?

How do you even compare real with fake

Give me 10000000000000 fake money and I'm still not giving you 1 of my real money 
 Depends on where youre at in life. Money lets you purchase the things you want/need. Id happily have a nice hunting/fishing cabin. Or upgrading my equipment to make farming easier. But thats why i keep some fiat on hand 
 Yeah that's a fair point.

It also would depend on how many bitcoin you're holding

It's more about how many you have vs what your cost base is at that point