Oddbean new post about | logout

Notes by b8e04d4e | export

 Every bull cycle we get hail marry predictions. 
2017 we had $100k claims 
2021 we had $350k claims 
2025 we have the $1M crew. 

We are usually off by 80% down from the high end of the predictions. 
So if the high prediction is $1M, we probably get to $200k
Which is a 300% increase form where we are now. I can totally see it happening. 
 I think a lot of pro Trump people in the crypto space who have a lot to benefit from pro crypto policies, including his own shit. Coin organizations have been very smart and how they communicate their stance on the space. I’d wager a whole bitcoin that he doesn’t even know what a Satoshi white paper actually is 
 No matter who wins, the dollar loses. 
https://m.primal.net/LXzU.jpg 
 Let this analogy sink in:
The Dollar is ice cubes at room temperature.
Bitcoin is ice cubes in a freezer.

Nothing illustrates this analogy better than the graphic below when looking at a long time period. 
https://m.primal.net/LXqD.jpg 
 Lyn! Just finished your book. Incredible work 👏 - sharing it 💯