>0.1 BTC = 1M people
>1 BTC = 365k people
>10 BTC = 81k people
>100 BTC = 12k people
>1000 BTC = 1.3k people
How many people have more than 0.1 BTC?
There are 12.6M Bitcoin addresses with more than 0.01 BTC. Approximately 20% are lost. That leaves us with 12.6M x 80% = 10M addresses with more than 0.01 BTC.
Some studies shows that each person have 10 addresses on average. That means 1M people have more than 0.1 BTC. That’s 0.01% of the human population.
NPC logic:
«I love democracy and free speech. But we should shut down Musk’s X and put Trump in prison.»
If you understand that Central Banks can print money out of thin air you own Bitcoin. It’s that simple.
Nostr works in Brazil. Good luck shutting that down.
Class of 2024 will be larger than all other Bitcoin classes combined. Even Wall Street is Class of 24, and retail will come this autumn.
Since Bitcoin is finite it is going to zero or infinity. There is nothing in between. If you don’t believe it’s going to zero you should fomo in with all you got.
If you think freedom is free you’re not free.
Everyone will be jealous of you buying Bitcoin early, but no one is jealous of being you during the bear markets.
I don’t care how many years of education, how long you have worked in the finance industry, how cool your job title is or how long you have studied the financial markets. If you own 0 Bitcoin you have 0 credibility.
Fed is about to turn on the printer. Gold is reaching new all time highs every day now. Gold is scarce, but bitcoin is finite. Few understands this, but it will become general knowledge soon.
To summarize:
- Bitcoin plan by Trump
- Mt. Gox selling is done
- 4.5 months since Halving
- BlackRock ETF have 359k BTC
- Fed rate cut 18th of Sep confirmed
- 91k BTC taken off exchanges last month
- Dell’s quarterly report today. Will they reveal BTC on the balance sheet?
The lifeboat have been available for more than 15 years and most people are still using Powell’s old burning rubber dinghy.
When Tesla announced in 2021 that they had bought Bitcoin it created an $8k daily green candle. Will be fun to see if Dell can beat that today.
How to keep wealth:
• 1971-2009: The closer you were to the money printer the less robbed you got.
• 2009-: Buy Bitcoin. It’s equal for everyone.
Fiat have value today only because very few understands Bitcoin. This will not last forever.
Satoshi fixed money and saving. When people realize this fiat will become worthless.
89,000 BTC taken off exchanges the last month. That’s almost 7 months of mined supply. If this continues the exchanges are empty in 27 months.
14,600 Bitcoin taken off Coinbase today and 56,000 taken off exchanges the last week. That’s more than 4 months of mined supply. The supply shock will come soon because this is not sustainable.