In our current western economy, when there is plenty for everyone, few consider the real value of their money and material possessions. The same applies to the current bitcoin presumed dollar value. Daily supply (~3600 coins) is still high, and demand relatively low.
However, the above is about to reverse. Fresh supply is about to run out, the last 10% takes forever. This while the usability keeps on increasing at an amazing pace.
I think the near future 'limited new supply' vs 'high demand' is highly underestimated. Good times ahead!
After watching this, I realized Buffett seen it all (closely!) at least once already (think it is taped in 1999). To be honest, I don't believe he lets this bitcoin opportunity slip, based on his previous experiences.
"Time and distance are not limiting factors anymore" "Costs of getting your information around the world is going to be close to zero" "IT is changing the world in a very big way" "Technology is turning the world upside down"