If you bought bitcoin instead of...
💡 Daily Reminder: Stay humble, stack sats
Bitcoiners,
I've been spending some time on bitcoinorshit.com today.
A funny website that shows people the opportunity cost of buying a material item compared to bitcoin.
Here are some of my favorite comparisons from the website. My hope is that you rethink your next unnecessary purchase and opt to stack sats instead!
Tesla
If you bought bitcoin instead of a Tesla Roadster in 2013 you'd have...
680.59 bitcoin ($13,019,653)
The Tesla Roadster is a battery electric vehicle sports car that was produced by Tesla Inc. from 2008 to 2012.
Oculus
If you bought bitcoin instead of an Oculus purchased for $599 in 2016 you'd have...
1.0 bitcoin ($~19,200)
The Oculus Rift is a discontinued line of virtual reality headsets developed and manufactured by Oculus VR, a division of Meta Platforms, released on March 28, 2016.
Starbucks
If you bought bitcoin instead of Starbucks purchased for $4.95 in 2011 you'd have...
16.51 bitcoin ($315,091)
Starbucks is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. It is the world's largest coffeehouse chain.
Final Thoughts
The larger idea here is having a low time preference. Low time preference thinking delays present gratification and places more emphasis on future needs. Gift yourself a better life in the future by buying bitcoin now and waiting 5, 10, or 20 years.
Happy Sunday,
-Pod
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Eric Podwojski
Founder, Bitcoin EDU
Twitter:Â @epodrulz
Disclaimer: This should go without saying: This is not financial advice. This is not investment advice. I write this newsletter for education and entertainment. Act accordingly.