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In twenty fourteen, there was a
post by an anonymous user on the Bitcoin

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subredits claiming to be a time traveler
from the year twenty twenty five. In

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this post, our time traveler makes
a year by year price prediction for bitcoin's

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dollar price and so far with uncanny
precision. This is what our time traveler

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says. I'm sending this message from
the year twenty twenty five. Please move

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on. If you don't believe me, I have no way of proving what

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I'm going to tell you. I
don't want to waste your time, so

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I'm merely going to explain what happened. He goes on to say that the

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value of bitcoin has increased by a
factor ten on average every year until twenty

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thirteen. Zero point one dollar in
twenty ten, one dollar in twenty eleven,

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ten dollars in twenty twelve, and
one hundred dollars in twenty thirteen.

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So that's how far someone posting in
twenty fourteen would have knowledge about bitcoin's price.

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He then goes on to say from
then on, a slight slowdown,

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as the valuing increased by a factor
ten every two years, one thousand dollars

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in twenty fifteen, and ten thousand
dollars in twenty seventeen, and he absolutely

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smashed those two targets. Looking at
bitcoin's dollar prize now, ten thousand dollars

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doesn't seem like science fiction because we've
been there. But back in twenty fourteen,

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this was a bold prediction because no
one believed one bitcoin would ever cost

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ten thousand dollars. What's even more
fascinating is that our time traveler nailed at

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the year when bitcoin hit both one
thousand dollars and ten thousand dollars. That's

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not nothing. He goes on to
say that bitcoin hits one hundred thousand dollars

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in twenty nineteen and one million dollars
in twenty twenty one. He also says

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that from then onwards, there is
no good way of expressing bitcoin's value in

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dollars, as the dollar is no
longer used. There are two main forms

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of wealth in today's world, he
says, land and bitcoin. So I'm

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not a time traveler like this guy, but I know a few things.

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I know that there will never be
more than twenty to one million bitcoins.

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Just under eighteen million coins have been
created so far. About four million of

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those coins are lost forever, meaning
that we currently have about fourteen million coins

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to share. Fourteen million coins.
The population of California alone is forty million.

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Think about that for a second.
There will never be more than roughly

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seventeen a million usable coins for the
entire planet. The supply of bitcoin is

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fixed, and the market will determine
the demand when people realize just how scarce

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a bitcoin is. I believe there
will be a stampede to collect just one

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full bitcoin. Luckily, one bitcoin
is divisible into one hundred million satoshis or

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SATs for short, the smallest unit
of a bitcoin, but there is not

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nearly enough for everyone to accumulate enough
SATs to make a full bitcoin. The

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supply is fixed and the demand is
free to move, and that's why we

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will see bitcoins dollar prize skyrocket.
The only commodity ass is here is as

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bitcoin is a person's time. Other
than a human being's time on this earth,

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there is no commodity as scarce as
bitcoin. Imagine living in the year

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twenty twenty five, looking back from
the year twenty twenty five two today,

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and imagine you had the chance to
accumulate enough sets to make one full bitcoin

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in our time Traveler's world, a
world where it doesn't even make sense to

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talk about bitcoin in terms of dollars
anymore. One full bitcoin would make you

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incredibly rich. So let me know
what you think. Is our time Traveler

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onto something we will see. Bitcoin
cost one hundred thousand dollars in twenty nineteen

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and one million dollars in twenty twenty
one. Let me know what you think

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in the commons down below, and
until next time, keep accumulating those sets