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Bitcoin Reddit

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I keep seeing posts asking about Bitcoin vs. the US dollar, Bitcoin vs. another crypto currency all to establish a value of Bitcoin. You have to stop thinking this way. You need to comprehend that that thing you're comparing Bitcoin to is irrelevant. You have to flip around the equation. 100 million satoshi's is currently about $40,000 dollars. Another example, if I want to put up that fence in my backyard then that will cost 30,000,000 satoshi's, etc. Then the question becomes WHEN do I spend my satoshi's? How bad do I really want that fence to be built in my backyard? How bad do I really need that new car? Do I take my lunch to work everyday or do I continue to spend 25,000 satoshi's on lunch everyday? Once, you make this transition in your head your value comparisons start to fall away and then and only then do your truly understand Bitcoins past, present, and future value. Make sense?


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