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Bahadır's avatar

First of all, we would like to thank you for these valuable comments and opinions, Sylvain.

These thoughts, covering the next 20 years, are very optimistic. Currently, blockchain technology has started to come to many different places. Especially in the last 9 months, more people became acquainted with this technology. So how did this happen? Blockchain technology has begun to integrate into current living standards. Korea is starting to issue driver's licenses with this technology. Artists are starting to produce their art as Nft. Bitcoin's own functionality and many other similar situations have attracted a lot of people. I say it again, there has been a serious demand in the last 9 months. Who knows what will happen with a technology that has already arrived here in 20 years. But let's not forget that even if the market value decreases from time to time, the question to be asked is how many BTC capital do you have in the future. Because it will be more usable, its value may be much more, but 1 bitcoin is always equal to 1 bitcoin

Thank you to the author for the valuable article.

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badumtisss's avatar

The math behind Bitcoin is simple: its supply is stable and number of generated Bitcoin per block decreases over years. If there is interest in something and its generated total supply per year is decreasing by time, it means the demand and its value will also increase by time.

There's also another thing that we don't count, most of the Bitcoins got lost last 10 years. Many people forgot/lost their wallets, or they may not even be remembering that they bought Bitcoin. This means actual supply of Bitcoin is even lesser than we think, and that lost Bitcoins now make billions of dollars.

2 years ago I was thinking about this logically, but I wasn't economically free and I was afraid of crypto world. Wish I could go back in time : D

Thanks for the article Sylvain!

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