I'm sure millions of American's have a few hundred tjousand sats, but less than 22,000 people understand bitcoin better than gold. I run two nodes, and I'm sure I'm not the only person running more than one.
Conclusion: Very few people understand #bitcoin better than gold.
My node isn’t reachable. Intentionally. I don’t want my ISP knowing I use bitcoin.
How many people in the world do you estimate run a bitcoin node?
IIRC, nostr:npub1lh273a4wpkup00stw8dzqjvvrqrfdrv2v3v4t8pynuezlfe5vjnsnaa9nk did something fancy to measure this somehow. Or maybe it was Chow with bitnodes (https://bitnodes.io/nodes/all/)
Anyhow, I think the difference is like a low integer multiple of reachable nodes. So maybe 45-90k.
Oh, and if you want a maximally private node, you can’t use the internet. I feed my node via broadcast satellite…Blockstream broadcasts all new transactions, new blocks and all old blocks on a loop. All you need to do is setup a receiver and you can feed your node everything it needs (modulo trusting that Blockstream doesn’t spend hundreds of thousands of dollars to create fake but valid proof of work block headers!)
That's pretty cool.
A lot of satellite hardware is sitting around as junk. My house came with an old dish and all I had to do was replace a $10 LNB (the part in the middle of the dish), buy a (then) $20 usb radio adapter, and install Blockstream software (and turn the dish to the right satellite).
CAN CONFIRM YOU'RE NOT ALONE IN RUNNING MULTIPLE NODES
Node running != ownership, not even ownership of large amounts.
I agree.
Everyone who wants the US to swap any US gold runs a node(those are the only people who understand it well enough to even consider it.
That's like a hundred thousand people in the entire world.
That is way less than 80% of Americans.
I thought you meant the US Gold Reserve(like fort Knox gold) when you said "their gold."
This chart says ETF gold in the small print. Only 37% of Americans own Gold ETF's, but how many Americans own any gold at all?
I mean, I consider myself all-in on bitcoin, but I still have an 18kt. gold necklace my grandmother gave mw when I was 7. Even I'm not selling that for a few more sats.
