I’ve been struggling with the idea of absolute wealth inequality lately, and in absolutes it feels we will all be priced out eventually.
Right now BTC is still in infancy. I’m with the idea we could double, triple, or more on a purchase today. But even at $100k plus per coin, anyone with net worth of >1 Million $ could easily scoop one up without breaking a sweat.
I see the end result being we sell at a price good for us, and the carnival ride continues without us.
We’ll be left slinging sats while the rich camp on our previously owned whole coins.
Is the end goal to hodl long enough for a seat at the table? Or sell at the point you’ve amassed comfortable wealth?
I just feel the reason big money isn’t rushing into BTC is the difference between 30k and 300k is minute to them. For some, it may even be worth waiting til 300k to insure BTC is “established” in the world.
I’m not sure how to describe it, this feels like gentrification or something. We have a community and the money bags will come through and buy it all up. Sure, we will hold out and some of us may make serious bank, but the gentrification project will still move forward. On a long enough time line, all BTC will eventually be owned by not-us.
I guess there’s nothing we can do about the super-rich, except get in the game before them and sell it back at a premium. Something about being thankful for where we are and not comparing ourselves to others…
Anyway… my weekly DCA went through and moved to cold storage. Happy to be on this ride with you all.
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