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Replying to Avatar Vitor Pamplona

My new Bitcoin price target: 1 085 000 USD.

How did I get there? Since the "Zap the Devs" button gets us 26M sats/year and that compensates for the work of about 2 full time devs when you combine all contributions, given that a full time dev in the US costs averages ~140,000/year, Bitcoin has to be worth ~1M to pay two devs at current rates. πŸ₯²

So, we are about 10x off from breaking even.

But we are getting there... πŸš€

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Silence 1y ago

lol it’s like β€œ10 minutes of all the mining energy in the world!”

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