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RE: Investing into scarcity and the weight of Blockchain
It's fun to look at some of the numbers and imagine where they can go. That was one of my original thoughts re: bitcoin.
Any other investment vehicle has a maximum. Some ceiling beyond which it simply won't go.
Either the owner/manager will pay back debt, or the taxman will jack up their rate; no matter how well BHP does this year, they won't go up x20.
It really doesn't matter how well they do, there are too many reasons it just won't happen.
Crypto doesn't have that. It can moon.
If BHP really, really screws over the environment a bit more, it could squeeze a few more percent out :)
The ceiling on crypto is so astronomically high from where we are, the moon is closer.