This Is Why You Bitcoin

in #bitcoin8 months ago

porsche 911.png

The Porsche 911 goes for almost 100,000 Federal Reserve Notes (I refuse to say "dollars" any longer. A dollar is an ounce of silver, or 1/20 ounce of gold).

What would happen to the price if Porsche made three times as many of these cars?

Would the value go up or down?

Ladies and gentlemen, let me present to you why you bitcoin, in two very simple graphs.

bitcoin Controlled_supply-supply_over_block_height.png

The first graph is the programmed supply of bitcoin, capping out at 21,000,000. No more will be created after that. Currently there are about 18,000,000 in circulation. The creation of new bitcoins is slowing down.

What do you think that will do to its value?

Federal Reserve US Money Supply.png

This second graph is the supply of "money" issued by the Federal Reserve. Up up and up, with no end in sight!

What do you think that will do to the value of each Federal Reserve note, especially your savings?

Will you be able to buy more things with it, or fewer things with it?

Bitcoin Deflation.png

That's as simple as it gets. Know what else is ridiculously simple? Getting your own bitcoin.

Let me know in the comments if you need any help with that.

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