Bitcoin Talk 001: Maotai You Can Drink, and a Pie You Can't Eat
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Maotai you can drink, and a pie you can’t eat — many people don’t know how to choose between them.
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The US dollar has lost 99% of its value since the last century. Once, 35 dollars bought an ounce of gold; today an ounce of gold costs 1,833 dollars. If the dollar swings this wildly and can still serve as money, that proves volatility has no necessary connection to whether something can be money.
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To get on with defying human civilisation as soon as possible, Bitcoin needs to reach roughly one million dollars a coin against the dollar, and soon.
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If you’re not on the vehicle, when the wheels of the age roll over you, facing the dirt or facing the sky makes no difference to the outcome.