21 million chairs
View Reddit by KAX1107 – View Source
Leave a Reply
GIPHY App Key not set. Please check settings
epeakin
431 Views
16 Comments
GIPHY App Key not set. Please check settings
Enter your account data and we will send you a link to reset your password.
To use social login you have to agree with the storage and handling of your data by this website. %privacy_policy%
AcceptHere you'll find all collections you've created before.
A fraction of a chair is still valuable!
This is actually really good advice. So good in fact I just sold my Bitcoin and bought as many chairs as I could.
False. 19 million exist now.
Over 2 million estimated lost coins.
I’d say we have 17 million chairs.
I’m a fat ass so I need MORE CHAIRS!!!
Wow. Very well said.
One of the best annologies regarding BTC that I’ve seen in years.
I r haz a chair and no one can have it.
in this analogy “the end” would be dying, which makes the bitcoin chair just another item on the list of things that don’t “matter in the end.”
But I’m curious what the new gripe would be towards the rich / property owners after everyone has bitcoin.
Or does the anti-materialist delusion extend past ending war and into ending property
I like this. Money that is guaranteed to lose purchasing power over time versus the best and only money that you can actually own. Do you think that real inflation is 9.1%? Come on, bro. It’s likely in the mid-teens or higher, and it will only increase.
Think it through. If you experience a 15% increase in cost of living over a period of one year, then your purchasing power decreased by over 13%. If this rate of decay of purchasing power persists for five years, you will lose over half of the purchasing power that you stored in the dollar. And this is at 15%. We’re going to see higher values than that. Every fiat currency has been destroyed by inflation. Every one.
And now we’re heading into a world where we Americans aren’t going to be the big dog. China is expected to overtake us economically by 2030; some think that they already have. They do already have a larger army and a larger navy than we do. Russia had their treasury holdings seized and were cut off from western financial networks; they’ll make their own, along with China, Venezuela, Iran, and everyone else that we’ve been bullying for decades.
In the past, when economies have collapsed, the working man was left with only worthless paper. Thank goodness that we have a way out.
and we have some very large players taking multiple chairs (thousands)
210 trillion chairs if you count satoshis.
I’ve got my chair(s). Do you have your(s)?
But how can someone spend bitcoin if s/he is supposed to hold the bitcoin?
I’m doing everything possible to reduce the number of chairs available.
This is good for bitcoin.
Few understand
That is unless you have the muscle strength to squat instead of sit in a chair. Then you don’t give a fuck about chairs because you aren’t weak from HODLing
In the end the coloured papers matter cause all want to stack BTC to get money?? 😅