Dan Held Expressed:  Over 11 years: USD: $1 = $0.75 Bitcoin: $1 = $10,000,000 Which one is a better store of value again?

Bitcoin market cap = $1.1 Trillion Negative yielding debt = $15 Trillion We are still so early.

People that own Bitcoin : – Tim Cook – Jack Dorsey – Elon Musk – Stan Druckenmiller – Bill Miller – Paul Tudor Jones It’s probably just a fad.

Community Response:  At this point in time in history anything with a finite supply, use case, and most importantly community behind it is better as a store of value. This is NOT LIMITED TO Bitcoin. Yes, I am a bitcoiner and Stacker. But I’m also very aware of the great value of other Projects.

Walmart, Old Navy, Costco.  These are all stores of value. Only one has a $1.50 hotdog + soda combo though.

USD, because bitcoin worth nothing if it’s not base on USD. Imagine Bitcoin base on ZWL.

Well the ones blinded by arrogance & ignorance will still overlook the fact to their own loss.

I’m assuming he’s talking about treasury bonds. The current yield you get from them is less than inflation rate. So, you essentially lose money holding them.

Missing a zero at the end there? Closer to $150T right?

Useless metal = $12 trillion.

Sorry but if I would have millions/billions of $ I will indeed pay to secure it nothing early.  Another little part, will be only on speculative assets.

Ok, calling it now, MCAP of Crypto to = $15T of Negative Yielding Debt by Year-End. Or end of this bull mkt cycle, whichever comes 1^st.

Iridium market cap = $1 million Like Bitcoin with emission release and 25m fixed supply, but privacy coin like Monero, we are early on all.

Actually, the global number of wallets has started to stagnate. Not very bullish, given that a ponzi needs an exponential influx of suckers to keep from imploding.

Overall bond market is much larger than 15T.  At what point would you estimate we wouldn’t be early anymore? Do you have a breakout of total debt grouped into real yield brackets?

Such a dumb argument. How many virtual coins can there be? Why bitcoin over endless other coins that do the exact same thing as bitcoin?

What other asset in history had this type of mystique around which people owned it? It is interesting how people have to ‘come out’ as owning Bitcoin.

What’s crazy is there are average people who are skeptical about bitcoin. Like do you know more than these people or something? Mind blowing.