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samuel
008cca1f26139409b218d7991565605970376a118e0c63c5fd4bce48c57aa67b
Greetings Earthling. Former Nuclear Engineer Former software developer Homesteader/pilot

ok gedanken experiment

At what point will #btc stabilize vs say farmland?

It won’t grow forever.

Or will it? If so why?

They need something for when the oil runs out.

And they are not stupid.

Replying to Avatar Annonymal

Looks like cobra to me.

3,000 metric tonnes of gold are dug out of the ground annually.

That is about 100,000,000 oz

More oz of gold are removed from the ground each quarter than the number of bitcoin that will ever exist.

#BTC #HODL

This seems old and wrong

$97,000/#btc * 1 #btc/100,000,000 #sats

1 #sat = $0.00097

Really 1 sat - $ 0.001

Which is

10 sats per cent.

So right now one penny gets you 10 sats.

Pretty cheap!

That is a spectacular visualization!

Thanks.

#btc #hodl #bitcoinstr