crypto

Bullish on BTC, up until a point. 

BTC has not proven a use case outside of store of value. Which means for number to go up, someone has to “buy your bag”. Eventually people will catch on, the same way they did with USD/Real Estate. 

Ethereum, Solana feel like they have a better token model… it’s valuable to use the L1, and you need the native asset to use it which makes it inherently desirable along with some careful management of scarcity. 

Am I wrong?

Chasing Curiosity. Empathetic Accelerationist. Founding Fullstack Engineer @icebreaker. YC S16, KB7. 
icbk.me/tayyab.fc

not sure people have caught up with real estate

VP Eng at Ulys 
--
web3 eng leader 🟠 Rustacean 🟠 Bitcoiner (nonmaxi) 🟠 econ geek 🟠 Coinbase alum

#btc #crypto #blockchain #defi #rust #GenX

Yes, but similar to real estate if it becomes unaffordable or unattractive to purchase for later generations they will opt out, voluntarily or involuntarily. 

Stock market is different because there are new entrants and new shares to purchase. 

Agreed on real estate utility though.

You are undervaluing the intrinsic utility in an ubiquitous, durable store of value as a reserve asset (private and public). 

Real estate is a different asset class because it provides a different utility far afield from store of value.

Saylor just said 13 mill so clearly we need to start dreaming higher