Nostr Web Client

I've never liked these Bitcoin marketcap charts when being compared to companies like Meta, Google, Amazon, etc. They have shares of stock that are accessible and tradable. Bitcoin has millions of coins that are lost and inaccessible. If an asset is unusable, I don't think it should be counted. Since we have no way of knowing how much bitcoin is lost and inaccessible, then the marketcap of coins is highly inaccurate.

*shrug*

Just a random thought. Back to your regularly scheduled ATH excitement.

nostr:note1jd3jr75vy4nxkp9zdalr28zsz58ltxrrhvwpn35nftqmnr69a5lsk8kta8

Deleted Account 1y ago

The lost and unusable coins are still part of the whole pie though

Reply to this note

Please Login to reply.

Discussion

Derek Ross 1y ago

But if no one can use them then they have no value, right? I don't count the hundreds of coins I mined in 2009. Those fuckers are long gone 😂😂😭😭 If we're counting them, then I am rich beyond my wildest dreams 🥹