Interesting perspective….1 Sep 2023 23:47
57,268,900 square miles of land on Earth. 🌎
16,000,000 #Bitcoin to be claimed. 👀
Buying 1 #Bitcoin is like buying 3.6 square miles of land in the Homestead Act.
Current average value of Earth's land per square mile: $4,000,000
With #Bitcoin not only are you buying the land, you are buying ANYTHING that will be built atop of it. 🤔
However nobody can ever make more of this land, you'll never pay property taxes, and it will become useful far more quickly... Why?
#Bitcoin price appreciation doesn't even really begin until fiat has already hyper-inflated.
The REAL competition begins once all the land is claimed... Who can BUILD the fastest to earn what little land others are willing to sell? 🏗️
Think about that... #Bitcoin in any fiat price (even $100,000,000 a coin) is still the wagon race pictured below. All the growth and appreciation comes after the dust from fiat horses has settled and the locomotive actually arrives.
Even once fiat is gone, it will still be early to #Bitcoin .🤯
We can't even imagine what kinds of tech is coming, but we know it's going to be built atop and priced in this land.
86% of the land has already been claimed by people who are insane enough to have ventured the dangers when nobody dared to...🤷♂️
Take your wagon and head west, young man...🧡