30 May 2025

Schrödinger’s Cash

Meme in circulation:
15 years ago, a man spent 10,000 Bitcoin on 2 pizzas, worth $41 at the time. Today, that number of Bitcoin would be worth more than one billion dollars.

Of note: this remains the last transaction ever made with bitcoin.

Commentary:
I know, I know - my "of note" is a lie. But think about what’s being communicated here:
You should invest in bitcoin because it’s the currency of the future… and only a fool would ever use it as actual currency.
It’s Schrödinger’s cash:
If you never spend it, it might be worth billions.
If you do spend it, it won't be worth much.

No comments: