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Have you tried to do this same analysis on other commodities, securities, etc?


Nope have not. When I started this sheet back in the day I considered it a new modern currency actually, it was before the government started taxing it as if it were a stock, etc. It really is nothing like any existing stock, security and should not be compared to those.

I usually just go long on stocks, securities.


I suppose my instinct is to think just because you were right once or twice about BTC using this model doesn't mean you'll be right about it going forward. What intrinsically about this model should give me confidence in it?


My level of confidence can be described as (confidence != 0) lol. Really the only thing that will make it continue is if the scarcity continues to increase and it continues to be used to trade for things then it should continue to rise but I don't think zeroing out is possible.


I have a little bit of BTC, so you and every other HN reader should dump your net worth into it ASAP.


It’s a commodity like gold, with mathemagical transfer fees and a fallback quasi decentralized interface of energy purchaser mining companies.




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