Subnostr

Its NOT 21M #scarcity is higher #circular economy is very small #₿ macro figure analysis #finstr

6 million or 30% of maxsupply, have been irretrievably lost (deduct from below)

19.3 million minted / mined so far out of 21 million max in code

17.9 million is dormant=hoarded/hodl/lost (not part bitcoin economy)

So usable minted coinsupply ***12 million !!! Only *** + 1.7 million tobemined⛏️

***1.5 million is real circulating bitcoin V4V circular economy i.e. $100B economy***

Nostr ⚡️Zapconomy ~300BTC $21M

Marketcap 19.3xprice = $1.3T 🐮💩 metric

n.b. DYOR #B best effort macro estimate - @ $72K for $ calc.

(RampIN/OUT, Trading doesn't necessary contribute to V4V)

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IMO Bitcoin needs to work on being less scarce, demurrage covenants would largely solve monetary erosion in this way

takeaway is

#scarcity =15M BTC

v4v #bitconomy SMALL =1.5M BTC

"active circulating" coin or sats

out of 5billion working adults and 3.8billion netizens maybe just ~ 100Million really knows/use

if l2 scaling takes of milli-sats might end up fixing the supposed issue with scarcity, it will remain fungible and highly liquid with no inflation

not really - coldstorage n hoarded coins has nothing to do with technology or chain - more related to market/soundmoney/insurance

any amount locked in sidechain / bridge-wrap can be tracked easily.

L2 is never gonna pick up "unless larger" parts of real spending economy flourishes. L2 is not used for storage. L2 for V4V