No top, because fiat has no bottom
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In plain words
The idea: prices in dollars keep rising because more dollars keep being printed, while there will only ever be 21 million bitcoin. Knut Svanholm's cousin of the meme, “Everything divided by 21 million” (∞ ÷ 21M), says the same with math.
Origin story
The idea: prices in dollars keep rising because more dollars keep being printed, while there will only ever be 21 million bitcoin. Knut Svanholm's cousin of the meme, “Everything divided by 21 million” (∞ ÷ 21M), says the same with math. A catchy line, not a price forecast.
Earliest we found: Anita Posch quoting it as Max Keiser's on 16 Feb 2021; his original wording not located.
See also
- HODLDuring a crash, a BitcoinTalk user admitted he was a bad trader, a little drunk, and simply holding. He misspelled “holding” in the title.
- Laser eyesAs bitcoin crossed $50,000, a few accounts added red laser beams to their profile pictures with the rule: keep them until $100K. Soon members of Congress, Saylor and much of Bitcoin Twitter joined; El Salvador's president followed.
- Michael SaylorMichael Saylor is the co-founder and executive chairman of Strategy (formerly MicroStrategy), the company that holds more bitcoin than any other. Since 2020 he has been bitcoin's loudest corporate advocate, known for his quotes and memes.
- Orange pillA riff on the red pill from The Matrix (1999), in Bitcoin orange: the moment someone “gets” Bitcoin, or the act of explaining it to a friend (“I orange-pilled my dad”). We built a whole page for doing it kindly.
References
- X, 16 Feb 2021 x.com