Understanding the value of being a whole coiner in a simple way:

First, imagine that all the Satoshi coins were in circulation instead of locked up—all the whales' coins were in circulation, all of it. No lost keys, no lost wallets, no stranded coins, no Michael Saylors, etc. All are up for grabs.

Now, imagine that you can only buy up to one full BTC at once, no halving, no mining. Mining would only be for verifying, and all the coins were in one place and had to be bought into circulation. Again, any one person could only buy one bitcoin during the launch. You could buy less but not more than one.

Now, let's do some math...

In this fantasy situation that will never exist, there can be a total of 21 million whole coiners.

There are 333 million people in America. In a perfect scenario, only 6% of the US population could be whole coiners.

There are 1.02 billion people in all of "The Americas". In a perfectly divided scenario, only 2% of the population of the entire Americas could ever be whole coiners.

There are 7.9 billion people in the world. In a perfectly divided scenario, only 0.27% could be whole coiners.

When you become a whole coiner, you are adopting an emerging asset with absolute scarcity—a global monetary instrument. You become part of a group that represents the top 0.2% of the maximum potential that will ever exist.

Every bitcoin bought, every new person on the planet, etc., reduces that percentage even further. If bitcoin reaches maximum adoption (which is likely), whole coiners will be the wealthiest 0.01% of people on the planet.

The sobering reality is that you may not live long enough to see it happen personally. Most of us came for "number go up," but the reality is we stay for our future generations once we realize it is more about "freedom go up."

#jacksthoughts #bitcoin #wholecoiner

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This right here. Someone pointed out to me recently that there are only 46 million houses in America. Look at the housing market. It's bananas and it's because people are clamering for something that's scarce.

Now realize there's half as many Bitcoin as houses in America AND IT'S A GLOBAL ASSET that is perfectly scarce. We can build more houses.

If you're looking at Bitcoin as a short term asset to get rich quick you're doing it wrong. Bitcoin is how my kids kids kids will never have to worry about working at a 9-5 grind of a job. They'll have the resources to work on moon shot projects that could change the world. Or make art that people love. Or fucking sail the world on a boat and just enjoy living a life I wish I could have had. I'm building generational wealth that changes the course of my family's future.

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Not every time, but quite often, when I see a post like this I'm able to think of how frustrated and angry I'd be if I hadn't let some red neck duck farmer convince me of the importance of bitcoin and that at $20k / I could still be an 'early adopter'.

So;

a) I thank you (and my grand children thank you) and

b) These numbers make me think that both points are still the case.