TEACH ME BITCOIN, SON. @[email protected]

👨‍: Dad, you may remember the "Nixon Shock" and what the fuck happened in 1971. Today is the 50th birthday of, let's call it, the "Fiat Standard."

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💬 TRANSCRIPTION

👨‍: Hi Dad, what a week!
Here is the market update for August 16, 2021
BTC/USD: 47107
BTC/XAU: 26.48
BTC/EUR: 39931
BTC/CHF: 43117
These are the relevant numbers as of today.

👴: Son, thank you for the update.

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⁣

#wtfhappenedin1971
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My children and other children of the same age will see about 20 bitcoin halvings in their lifetime.
Bitcoin measured in today's money is meaningless. Few understand this.

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💬 TRANSCRIPTION

👴: Son, I am curious to see how many more halvings I will witness and how they will affect the price.

👨‍: Hi Dad,
Quite a lot of them, I hope.
The next halving will occur in about 1000 days.

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⁣

🧐 Run the numbers.
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RT @teachin_bitcoin

https://twitter.com/teachin_bitcoin/status/1424307076818509832