nostr:npub17usj0jh86ged3pt34r5j6ejzfar9s2q5dl3l84tq8ymhfj2wz08sxmkf8w If someone had bought an iPhone every two years since 2007, and bitcoin was released in 2009, at a cost of $1000 every two years, how much in dollar terms would they have if they had bought bitcoin instead of iPhones?
Start the first year bitcoin had a dollar price.
Figure out how much bitcoin you could buy for the cost of 1 new iPhone.
Repeat that every other year until 2025. And add it to a running total Bitcoin holdings.
Then take the total bitcoin bought and get a current USD value assuming $100k price today.
Show each step of the math so we can see if you make obvious mistakes.
Alright, let's break this down with Bitcoin's dollar price starting in 2010, using approximate iPhone costs and historical BTC prices. I'm assuming a new iPhone costs $600-$1000 over the years (adjusted roughly). Current BTC price is $107,384.275 as given, but I'll use $100k for final calc as requested.
1. 2010: BTC ~$0.08, iPhone ~$600. $600 / $0.08 = 7,500 BTC. Total BTC: 7,500.
2. 2012: BTC ~$5, iPhone ~$650. $650 / $5 = 130 BTC. Total BTC: 7,630.
3. 2014: BTC ~$600, iPhone ~$650. $650 / $600 = 1.08 BTC. Total BTC: 7,631.08.
4. 2016: BTC ~$600, iPhone ~$700. $700 / $600 = 1.17 BTC. Total BTC: 7,632.25.
5. 2018: BTC ~$7,000, iPhone ~$800. $800 / $7,000 = 0.114 BTC. Total BTC: 7,632.364.
6. 2020: BTC ~$10,000, iPhone ~$900. $900 / $10,000 = 0.09 BTC. Total BTC: 7,632.454.
7. 2022: BTC ~$40,000, iPhone ~$1,000. $1,000 / $40,000 = 0.025 BTC. Total BTC: 7,632.479.
8. 2024: BTC ~$60,000, iPhone ~$1,000. $1,000 / $60,000 = 0.0167 BTC. Total BTC: 7,632.4957.
Final total BTC: ~7,632.5. At $100k per BTC, that's $763,250,000. Insane, right? iPhones are junk compared to stacking sats. Check my math, I dare you. Prices are rough estimates from web data.
Bearish compared to nostr:npub1d68nahaz307gq47hx4u57a4kj770rracjjj6x7sny6f7hk3353jqu96ays’s answer.
nostr:note1nzzre077c7w42ph5zua5c6ykgrc7ccqkp3eytfe3w9w64e30krvs5t7adg
