Want proof that bitcoin is a deflationary, kick ass store of value? Just look at its buying power since 2010:
May 2010: 10,000 btc bought 2 Papa John's pizzas delivered (worth ~$35)
May 2015: the same 10,000 btc could buy $2.3m worth of land and/or real estate
May 2020: the same 10,000 btc could buy 120 Gulfstream II jets (worth ~$94.6m)
Can a black swan fly out of nowhere and destroy bitcoin? Sure. But I'm happy to take that bet and continue stacking (and hodling) through 2025 and beyond. Because there is probably no better store of value on this planet.
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments