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Why is BTC going down?

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Jakey

212,367 subscribers

27,208 views • 7 months ago •via X (Twitter)

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$Nvidia is worth 35,830,000 bitcoins today. Not gonna fit. There's only 21 million bitcoins. Nvidia will go down in BTC terms. $Apple is worth 26,000,000 bitcoins today. Not gonna fit. There's only 21 million bitcoins. Nvidia will go down in BTC terms. $Tesla is worth 8,251,000 million bitcoins today. That fits. But do you really think $Tesla is worth 40% of all bitcoins? Nah. Tesla will go down in BTC terms. Do you see? There's only 21 million bitcoins. Always and forever. Everything has to fit inside. Then you realize... The Chinese Yuan is worth 377,285,009 BTC. Rekt. The U.S. Dollar is worth 183,870,703 BTC. Rekt. The Euro is worth 152,303,623 BTC. Rekt. Everything is trending down in Bitcoin terms. Forever. When I first made this post in October of 2024, Nvidia was worth 46,361,000 bitcoins, Apple was worth 55,246,000 bitcoins, and Tesla was worth 12,874,000 bitcoins. That means since then... Nvidia has declined by 23% Apple has declined by 53% Tesla has declined by 36% This is happening as you read these words. Everything is getting repriced inside of Bitcoin's 21 million supply. This means two things: 1) Everything is going down in BTC terms, because there is constantly new productivity being created, but there is a finite, fixed supply of BTC. The current amount of productivity *has to go down in BTC terms* to make room for the new productivity to be priced in BTC. The faster new productivity is created, the faster everything else trends down in BTC price. 2) If everything is going down in BTC terms, the inverse is also true: BTC is going up in value against everything else. Is this actually true? Well, ask yourself... has BTC outperformed everything else since it was created in 2009? Well then. The world is waking up to Bitcoin. This will make the California gold rush look like a neighborhood garage sale. Everything is trending down in BTC terms, and BTC is going up in value, forever. (Bonus: I created this video over two years ago. BTC is up over 500% since then...) WAKE UP
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