I made this simple bitcoin opportunity cost calculator because I believe the framework my friends use to assess bitcoin is wrong. They all anchor on the recent price movements and say ‘Ahh, I missed the run up, it’s too late to buy in now’ – so they don’t. Sound familiar?
Using this tool, you can calculate the opportunity cost, in terms of both money and (more importantly) your time, of not buying bitcoin, by comparing it to any of the top 50 tech IPOs of the last decade. This should help your friends to see that simply buying bitcoin has been, and likely will continue to be, the best financial strategy going forward (even at current prices).
Bitcoin = $1trn market cap.
Gold = $10trn market cap.
US M2 Money Supply = $20 trn.
We are still extremely early.
If you like this tool, please share it!