I recently learned that the going rate for a kidney is $262,000, and if you were to liquidate your entire body it would net a cool $45 million. Upload your consciousness to the metaverse before doing so, of course.
That means most of us are carrying non-productive assets that could be traded for, well, a different non-productive asset — But one that is going to the moon.
There’s a huge societal benefit as well. This market is clearly suffering from illiquidity:
There’s something off-putting about selling an internal organ. It feels repugnant in the same way that selling a family heirloom feels repugnant, in that a family heirloom isn’t really yours to sell. Like, you never actually own a family heirloom. You merely look after it for the next generation.
I sold all my silver and gold coins for more bitcoin almost a decade ago now. What I didn't sell was my father's watch he gifted me. That's getting converted for more sats this weekend.
— Mr.Hodl 🌕🍿 (@MrHodl) December 18, 2021
It’s the same idea with bodily parts, except the intergenerational wealth moves in reverse. The main reason anyone has children is to create a sort of organ bank, little repositories of flesh and blood with high likelihood of sharing a compatible blood type. You never actually own your liver. You merely look after it until Grandpa has late-stage cirrhosis.
Whether it be a Patek Philippe watch or spare lung or a bitcoin, the objective is the same. If it feels gross to sell a kidney for sats, that’s because you haven’t convinced yourself of Bitcoin’s superiority as a store of value.
This is not investment advice.
When did @michael_saylor tell everyone to sell everything & buy bitcoin? What’s the origin of this video? pic.twitter.com/5wviAEKFnz
— [email protected] (@Jason) June 6, 2021