by Tom (u/plebeius.eth) | 19mo ago
Red. I think in this new fiat money dystopia we're living in, the difference between $1m and $50m has become negligible compared to the difference between $50m and $1b, and it's easier to 100x your money than ever before in history.
Also why poverty is guaranteed for most people who cannot afford to position themselves in risk assets, and why the middle class is disappearing. I think this course of history can be reversed by bitcoin becoming the global monetary standard, just as a reserve, at some point.
1 direct reply
by u/12D3KooWPgeHN4NFnoZga4NkYQVQGaC1CgJkBuz9Y2jWcKnLe54Z | 19mo ago
poorfag brainlet cope
>in this new fiat money dystopia we're living in, the difference between $1m and $50m has become negligible
you are insane or you live in a turd world
>its easier to 100x your money than ever before in history
then you should be able to make your 1m easily just by working and investing. what is far more difficult is turning that 1m into 50m.
simply ask yourself how many people have 50m versus 1m. the answer is obvious
>why the middle class if disappearing
wealth is concentrating which is why the 50% is more valuable than instant gratification of 1m
>I think this course of history can be reversed by bitcoin becoming the global monetary standard
all those who own at least 1 btc will get the opportunity to get 1m. if you get a job, work 50+ hours a week for 3+ years you could get 1 btc. or you could just stay at home, live rent free and invest 50% of your paycheck for 10+ years and youll have 1m. what you wont have is 50m.
therefore the answer to this hypothetical is easily. the green button!