I am writing a book for High School kids titled ‘Mathematics and Bitcoin’. n n The focus is teaching Mathematics and Bitcoin at the same time, to kids whose parents have orange-pilled them.
All in a fun and educative way. n n Does such a demographic exist? n n Shoo. n n Of course. n n Bitcoiners are as pro-populate the Earth as Elon. They’re making babies alright. n n And dangling Bitcoin kids’ cartoons and books in front of them. n n Ok. n n Why am I writing this book. n n Well, when all the speculation is said and done, Bitcoin is still the most advanced form of money ever invented by humanity. n n First and Foremost. n n Last and Lastmost. n n And money must be used for trade. n n Must. n n But to many a high school kid, this probably doesn’t make sense. n n They have never used it before for any purchase. n n Are you a high school kid, dear reader? n n Yeah? n n You’re still young. n n You will find out soon enough. n n This thing is like the internet. Everyone, even Boomers, eventually learned to ‘Google’ things. n n If you are 13 in 2024, in 20 years time you will only be 33 years old. n n At that time, Bitcoin will be shy of ~ 13 million per coin as some guy called Michael Saylor predicts here. n n Saylor is the King of Bitcoin speculation.
He is buying up as much Bitcoin as he can through as many partnerships as he can make. n n He seems to be able to “==buy at the top forever”==. n n But I’ll tell you the truth. n n Because you are young and you deserve the truth. n n It will not happen forever. n n Some have called it an infinite money glitch. n n ‘Make deals, get more money, buy Bitcoin, price goes up, repeat’. n n But it ends. n n Where, you say? n n When the markets stop giving him bitcoins. That’s when. n n Why would they stop? n n There are only 21 million of them. n Some are lost, and other people are also playing by the Saylor playbook. n n It is still a small group of people.
Maybe only 300 people, as Kgothatso Ngako of Machankura mentioned recently (at timestamp 50:50) at the Africa Bitcoin Conference 2024. n n Buying every bitcoin they can get their hands on. n n But a supply shock is definitely gearing up. n n Like a tsunami. n n Paper bitcoin (another term) might be keeping it at bay, but people learn new tricks. n n So it is happening. n n What do you think will likely happen after 2044?
Say in another 10 years. In 2054? n n thinking… n n uuh, the price stops going up?? n n Precisely. n n Few Bitcoiners want to speculate on this. n n They are scared of the uncertainty of what happens next. n n And of breaking the momentum of their dreams. n n But the price will seem to lock out at some point.
Once upon a time, at their birthing, even dollars were definitely going up in value.
Like most altcoins.
Now they’re going down.
Gold itself seems locked out at some value. It is now snailing upwards. n n Maybe $21 million per bitcoin is the mark. n n Who knows. n n The market and its invisible hand will know better. n n That would be a $441 trillion market cap. Theoretically. n n But like a Space X Starship rocket when it hits the upper atmosphere, n n You know what happens next. n n Yes. Free fall. n n But not like a rocket. n n Not until it falls to the ground. In the hands of Elon’s mechazilla. n n This isn’t a rocket. n n It’s maybe like a rocket that can become an air balloon. n n So the price may float at some value. n n Saturate. Just like gold has done.
Even more as it is FIXED.
So it will super-saturate.
n And only climb 10% in a good market year. With next to zero black hacking events, rugs and wars. n n Then falls 20% when there is a rugging of many ill informed newbies. n n Maybe more. n n Maybe it will fall back to $13 million per coin. n n Here’s the point though. n n Whatever happens, saturated Bitcoin will need a band of smart and technical Bitcoiners to keep it useful. n n With skills rooted in Mathematics and Physics. n n Not Economics. n n The government is the King in that arena. n n Mathematics and Physics. n n This is the foundation. n n Make it rock solid, then the speculation can sit comfortably on top of it. n n Absent Mathematics and Physics, and everything crashes. n n *** n n One other truth Bitcoiners might not like is this. n n Bitcoin is fragile. n n Like Human Civilization. n n As Elon has reminded us, it isn’t obvious that civilization keeps advancing. n n The Greek Civilization died out. n
Ancient Egypt, Ancient Rome, many countries today have memories of grander times. n n If we nuke each other, we shall soon be the Ancient Silicon and Oil Civilization. n n Same goes for Bitcoin. n n IF not nukes… n n IF Saylor and other hodlers crash Bitcoin, then someone will have to be ready to pick up the broken pieces and fix it. n n I mean, at $13 million per coin, I can’t imagine all the possible activity, legal and illegal, that might be birthed. n n To capitalize on this hodling hype train. n n To the moon, they’ll all say. n n But this will be a very heavy rocket. n n It’s mass will not allow it to go up any further. n n So ya’ll kids will need to be ready when the time comes. n n To save us, the then ancient Bitcoiners, from our hair brained too-the-moon hodling scheme. n n Meanwhile, I too am stacking sats. n n I want to push this up.
Bring a novel economic reality closer to me, when still in my youth. n n Shock sense into the naysayers bones. n n All as I try to write that book instead of another blog article. n (Writing a book is hard, kid).
*** n n That’s it kid. n n Dear Anon. n n Do enjoy the holidays. n n I’ll see you on the other side of my book.