Price formation always happens between two extremes<\/p>\n\n\n\n
Demand price vs supply price<\/p>\n\n\n\n
I suppose the reason why bitcoin will be such a great idea is because the supply is capped at 21 million coins, which means that when people slowly start waking up, it will be the ultimate desired digital property and asset and money.<\/p>\n\n\n\n
If you never intend to sell\u00e2\u20ac\u00a6 Why does short term prices matter?<\/p>\n\n\n\n
The same thing with houses; I don\u00e2\u20ac\u2122t know anybody who checks their value of their home price on Zillow every single day.<\/p>\n\n\n\n
Obtain<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Only men who are scared of their own masculinity, or maybe they are closet gay, hate on gay men?<\/p>\n\n\n\n
I am 100% heterosexual straight man, like an arrow. I have nothing but love for gay people!<\/p>\n\n\n\n
Therefore, my simple thought is why would any man hate or despise gay men who are obviously flamboyant gay?<\/p>\n\n\n\n
Are you afraid of a getting a boner from a gay man? Is that your fear? \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc<\/p>\n\n\n\n
\u00e2\u20ac\u0153Too big\u00e2\u20ac\u009d is bad.<\/p>\n\n\n\n
I think the reason why I Seneca likes the Tesla model y so much is that \u00ef\u00bf\u00bche thinks it is the right size. \u00ef\u00bf\u00bc<\/p>\n\n\n\n
Seneca is smart; he knows that these other SUVs are \u00e2\u20ac\u0153too big\u00e2\u20ac\u0153<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Metallic money is good because of its high divisibility — even better with bitcoin, which could be just a few Satoshi\u00e2\u20ac\u2122s? Just one Satoshi or two Satoshi, or 10 Satoshis?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
\u00ef\u00bf\u00bc metallic money has greater stability<\/p>\n\n\n\n
Further your economic purposes<\/p>\n\n\n\n
Low cost of preservation<\/p>\n\n\n\n
.<\/p>\n\n\n\n
We all know that phones are the future\u00e2\u20ac\u00a6 Ain\u00e2\u20ac\u2122t nobody gonna hold bars of gold in their pocket. Then, doesn\u00e2\u20ac\u2122t bitcoin in a digital wallet in your iPhone make the most sense?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Transform perishable wealth into metallic money<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Measure of value versus store of value?<\/p>\n\n\n\n
Economic<\/em> form of money\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc<\/p>\n\n\n\n .<\/p>\n\n\n\n Difficult to ascertain the genuineness and the degree of fineness — for example with the gold coin, how do you really know it is 100% pure gold?<\/p>\n\n\n\n Smelting?<\/p>\n\n\n\n .<\/p>\n\n\n\n Stamp is proof<\/p>\n\n\n\n Coining the metal<\/p>\n\n\n\n We don\u00e2\u20ac\u2122t have to give proof<\/p>\n\n\n\n Is money even a commodity?<\/p>\n\n\n\n L<\/p>\n\n\n\n \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bcIndeed, it was finally declared to be something entirely imaginary resting solely on human convenience.<\/p>\n\n\n\n Money is imaginary, in our imagination in our mind\u00e2\u20ac\u00a6 Simply a convenience thing?<\/p>\n\n\n\n .<\/p>\n\n\n\n Debasing, debasement of the currency \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc<\/p>\n\n\n\n Exactness; it can never be 100% exact<\/p>\n\n\n\n Bitcoin is mathematically and crypto graphically 100% exact<\/p>\n\n\n\n Study Math?<\/p>\n\n\n\n .<\/p>\n\n\n\n In Vietnam, when there is no exact change, they just give you candy?<\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" Price formation always happens between two extremes Demand price vs supply price I suppose the reason why bitcoin will be such a great idea is because the supply is capped at 21 million coins, which means that when people slowly start waking up, it will be the ultimate desired digital property and asset and money. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[17],"tags":[],"class_list":["post-627161","post","type-post","status-publish","format-standard","hentry","category-posts"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/627161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/comments?post=627161"}],"version-history":[{"count":1,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/627161\/revisions"}],"predecessor-version":[{"id":627162,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/627161\/revisions\/627162"}],"wp:attachment":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/media?parent=627161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/categories?post=627161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/tags?post=627161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}