I cite you all the time now asking the question, are you in it just for yourself or are you in it for everybody? 

 Can an ambulance, but not for us!! 🚑 

  https://image.nostr.build/9aa48011125ce4bffa512a7910156f98d9e34e2c8cd1315b9e4b9fcc1a69e613.jpg  

 I use this graphic from Jesse Myers (Croesus) too. Most sources claim bonds are ~$130T. What do you think explains the delta?

When I asked Jesse, he said that global debt=bonds. 

 https://cdn.satellite.earth/7380d8f7d848eba0b2c6b69eaebae8f07a933ac0eda6e8156623ab0d45aaab35.png 

 Dollar sat parity is inevitable 

 And then cent/sat as they keep kicking that can... 

 This means each sat will be worth $1.

Which means a base layer transaction will cost ~ $300 at a minimum.

🤔 maybe that's about right.

Lightning routing fees will have to be millisats or 0 though.

Interesting to think about.
nostr:nevent1qqsz4pnvktq227m6ty4xa4twq22lw7c0mgw0s906my64ffaf3sgw8ggpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygxfkx0le4p7df0j8v7jwyrvux0y45kl3xapqvwagctlrdv3uyyfv5psgqqqqqqsgqaah7 

 Don't forget the derivatives bubble. Once that thing pops, it's going to cause a shitstorm unlike any other.  

 i see real estate in the but i dont see real property held in illoidial title if you dont hold the title it is not yours i think you can still buy land somewhere in Arizona in illoidial title. 

 in there not in the 

 What's the monetary premium of each of these? In other terms, which percentage of these assets is only valued as investment rather than its primary value of having it?

Gold has industrial use but 99% got dug out of the ground to put it back in the ground. Jewelry still holds considerable monetary premium, too.

Art is difficult. Especially with the NFT frenzy but also with classic art, much of it is just money laundering but let's be generous and attribute only 50% to not being about actually possessing the specific works of art.

Equities is difficult. Much of the "real value" of equities is actually in their real estate, so equities are in part a derivative of real estate or other assets. A company that has a billion in cash should be valued at least a billion, right? So what is the monetary premium here? Still 50%?

Real estate is a big one and I have no big confidence guessing its average monetary premium. What do you think? If people hold it for a generation, it's hard to argue it's just a store of value.

Bonds and money itself have a monetary premium of basically 100%.

And then, as others have mentioned there is other derivatives ...

So monetary premium is 500T. Bitcoin currently captures 0.2% of that.

Equities, real estate, bonds and money are always just one election away from being worthless. I think it's only a matter of time until people realize that self-custodied Bitcoin is different. 

 What’s the timeline you’re thinking? How suddenly are we talking? 

 my mothers maiden name is sampson close to yours but with a p she grew up poor so someone was drinking beer they probly had to pee alot hence the p. my grandma was a Holland. what is Holland? is that a place somewhere? who knows? 

 TLDR: Dollar/Sat parity = fair value. 

 Excellent chart. Assuming these estimates are accurate, the visual really puts gold's market cap at our doorstep. This is an inevitability at this point. I suspect matching that would bring us to around 800k.