Chris Kline
π€ SpeakerAppearances Over Time
Podcast Appearances
And there'll be a moment by the time you and I reach retirement age where you're just having 0.2 Bitcoin or 0.1 Bitcoin could be life-changing because that's now you could turn $10,000 today into 100.
That's still a 10x gain potential in this time period.
And after you get to a million,
I don't think people understand this scarcity part.
The last generation that understood scarcity was my great-grandparents, maybe your great-grandparents or great-great-grandparents that lived through the Depression where there wasn't enough of anything to go around.
Ever since then, it's just been there's everything.
Everybody can have something as long as you work hard enough and you have the money to buy it.
With Bitcoin, that's the opposite.
We are not going to turn around and make more of this.
And I don't think that paradigm has really kicked into the psyche of the American investor yet.
I just had on Michael Turpin, who you probably know.
Oh, yeah, absolutely.
Met him in Puerto Rico years ago.
Yeah, and he was talking about what you're talking about with the scarcity.
Only 5% of the population owns Bitcoin right now.
But what happens when that gets to 15% to 20%?
What happens when J.D.
Vance's concept that he put at the Vegas conference in May, that there'll be 100 million American households that have Bitcoin?
When that comes to fruition, which I think it will, I meanβ
It takes time to get people to adopt to things.