Am I right or wrong?
MOST humans -by mathematical inevitability- COULD NOT own more then 100,000 sats even if they tried.
Spoiler alert: most aren’t trying.
Additionally, between lost coins and higher populations I think that number is possibly under 30,000 sats.
So yes… 1,000,000 sats is a lot.
Agreed, everyone should become a sat millionaire before it’s too late. Sat squeeze!
Are you suggesting that I stop stacking?? 😂😂
….Bitcoin adoption contains several S curves, cohorts >100 BTC achieved final stage whereas >1 BTC show growth pattern e.g.
A permanent shift of cohorts to lower level as price is rising
Increasing global adoption will have decreased effect on price
I’m not so sure.
Hyperbolic S curve seems to fit previous forms of technology.
I was not sure either, however it is infront of our eyes, bitcoin will go to global adoption but doesn’t mean value is going high instead it will flatten out. Why? As BTC is growing value cohorts purchasing power or you can say target market will shift to lower levels. It comes to kind of balancing. I did run the first numbers. All argue on exponential growth which is true but we all oversee inverse effect on staking sats.
This is an obvious psyop to gain an advantage in stacking and keep price as low as possible for as long as possible. Bitcoin is so incredibly valuable that an exchange rate in dollars is irrational and doesn't make sense.
