Nah no body has said that. I have some calculations on my recent notes, feel free to criticize if you want.🤙
US money supply M2 all time high (July 2022) is 21,700 billion (or 21,700,000 million), if my dumb head calculation is correct then owning 1 million US dollars cash in July 2022 is equivalent to owning 4.6e-8 of US M2 supply which is 0.96 btc in terms of total supply. (4.6e-8 x 21,000,000 = 0.96).
Now if you take Global Money M2 which was 82.6 trillion USD (82,600,000 million) in Nov 2022, owning 1 million US dollars would equal to 1.2e-8 x 21,000,000 = 0.25 btc.
Owning 0.25 btc or better 0.96 btc shall be the minimum goal if you envious of being a USD #millionaire (in 2022 class).👀
https://fred.stlouisfed.org/series/M2SL
https://www.gobankingrates.com/money/economy/how-much-money-is-in-the-world/amp/
I did read the article it says 0.06 btc and suggests 0.5 btc. I don’t think it supports your claim though. If you don’t have calculation and just pulled a number if you can just say that no one blames you.
No, you are dumb. You want to compare 1M with 1K. Basic maths
But an article to read.
https://bitcoinmagazine.com/culture/am-i-too-late-to-bitcoin
Lmao yeah I am dumb as I have always been i admit that. Still waiting on your calculation so I can learn from smart people.
No I am just asking why 0.01 is considered wealthy not 0.001 or 0.0001. What makes that number?
Yeah then how to quantify? Why 0.01 not 0.00001 is basically what I am asking.
And why 1M is wealthy? Just show the calculation
Show your calculations
That’s why North Korea’s communist part have a pen on flag?
It is more useful to be on there than in here, no conflict no influence. Nostr is like a jail to separate us from innocent people, not so good.
Sometimes I think maybe #zoning does not do much to unaffordable housing, China clearly has less restricted zoning bylaws but yet their new builds are full of empty units purchased by investors. Money can easily makes it scarce to people not in the circus.
XMR said every sat is a NFT, I am Ok with that, what do you think #ETH?
XMR is on stage now, where is ETH? Come out already.
ETH: bitcoin cannot have NFT
XMR: bitcoin isn’t fungible
Why don’t they fight first?
If they don’t even pay their employees with btc then who will?
From my observation:
Rent from bank > rent from corporation > rent from individual landlord
Why decentralization doesn’t work in renter’s interest? My take is the rules are not enforced/enforceable for small actors, there is higher chance an individual being scumbag rather than a big entity would.
Centralization has its own problems but #Decentralization is better ONLY when rules are enforced cross the board.
✨ Stupid at $4K, stupid today. #Bitcoin nostr:npub1x685uqp8l53rlkmfkmkxu8qx68cz0fs3k8kn3m4nyjf7k2rchv6slr3g2v 
Bullish, bitcoin is money
A lot of buys and sells happen privately, there is no liquidity in open market for a large buying order or a large selling order to find a taker without negatively affecting their interests. It is in their best interest to find each other without notifying the open market.
