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