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Published 8 Jul 2026, 16:28 UTC · fetched 6 Nov 2026, 14:18 UTC
Sminston With 👁
@sminston_with
In reply to · 8 Jul 2026, 16:28 UTC · context given to the AI
Want to be a time-travelling millionaire? Being a 'millionaire' in past decades would have materially represented something much different, as we know from the dollar debasement over time. Bitcoin's price grows by a power law AND we have the historical purchasing power / inflation data back over a century; therefore, we can calculate the future years in which 1 Bitcoin will represent holding $1M dollars in past decades' dollars. What could you have owned as a millionaire from the 1980s, 1960s... even the early 1900s? And in what year will you become that old-timey millionaire? 👇🧵🧵2/7 The year is 2036, and 1 Bitcoin gets you the equivalent of ~$1M in 2023 dollars. Here's what that 2023 million buys: a tidy home, a car that gets you there, and a lawn that's all yours. You're comfortable, you're set... you're just not buying the block. From here things get wilder, fast...View original on X ↗
Deterministic: the same prices and policy always give the same result
r = 62635.76 / 62045.79 − 1 = +1.0%d × r = +1.0% (neutral only if the price is unchanged) → correctOnly the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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