One bitcoin is now the equivalent to one YEAR’s salary in Canada.
1 year average salary - $59,000 CAD before taxes
1 bitcoin - $63,000 CAD
That’s what the market has decided.
That the average person in Canada should work 365 days for a whole coin.
WILD. And only getting wilder.
So btc can only cover the yearly salary of 21million Canadians?
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At current prices... if it 100 x can it serve 2.1 billion people their yearly salary?
