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LukeMikic21
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Bitcoin psychopath & Australian refugee🇦🇺Digital nomad🌏🇸🇻🇨🇴🇵🇦🇺🇸🇵🇪🇲🇽

We'll answer those Qs in more detail below in a moment, however, in the meantime...

🚨If you've enjoyed this🧵so far, we'd appreciate it if you:🙌

1. RT the original tweet👇 to share this🧵

2. Follow me for more🧵s

Now, let's dive deeper...🐇🕳👇

x.com/LukeMikic21/st…

7/

Using this mental model, once Bitcoin passes an inflection point & enters it's 2nd epoch, we should expect:

7,486 people x 9 = 67,374 new Bitcoin adopters per day.

This is what we should expect when Bitcoin enters its exponential phase of adoption, but where are we?👇

6/

The chart below gives a mental model for how technologies get adopted.

If you average them, it takes 12 years to get to 105 adoption, and a further 12 years to go from 10% adoption to 90%.

Once an inflection point is reached adoption rates increase by 9x in epoch 2...

5/

Replying to Avatar LukeMikic21

📈It doesn't matter what level of adoption you believe we are at, you have to agree adoption rates WILL increase from here.

Bitcoin is a technology, it will more than likely be adopted in an exponential curve.

When we agree on this assumption, the math and numbers get wild!👇

Some like @Croesus_BTC will claim adoption is sub 0.01% if you measure those with more than $10,000 in Bitcoin.

Others like @BlockwareTeam claim adoption is around 0.5% based on on-chain data.

More bullish surveys looking at exchange users claim adoption = +580M, or 6%.

3/

The biggest contention critics will have with this data will come down to how we agree to measure adoption.

This is important to discuss because Bitcoin has different adoption curves.

MOE curve ≠ SOV curve

Furthermore, people disagree about how to even measure adoption.

2/

In the 5,343 days that have passed since Bitcoin was launched in 2009, ≈40M have adopted Bitcoin.

That means 7,486 new people adopt Bitcoin everyday since 2009.🤯

🧵Let's explore what exponential growth & adoption will look like as we transition to a Bitcoin standard.👇

1/

❌Most people think we need $168T of inflows into Bitcoin to see a $8M Bitcoin, BUT that's wrong!❌

🚨That forgets the Bitcoin multiplier effect!

When accounting for the 4x multiplier effect, we actually only need $62T of inflows!

$62T x 4(multiplier effect) = $8M per Bitcoin

This is only 7% of the world's wealth!🤯 nostr:note1v8zgajwnv8sm0txvrvxh5kjwnjm7lmcdrmrcn04ae3w422une3nsf0ua60

🔥I was buying at $9,500

🔥I'll be buying it at $95,000

🔥I'll be buying it at $950,000

💸When it's at $950,000 there will be some whiney person, a talking head on television saying:

❌It looks a little overbought right now, we think it's going to trade to $700,000...

✅And they'll miss it and it'll go to $8 million! https://video.nostr.build/359bc5de84413d58c7b6c7449897a7521426c5154f4c90e2320f6bb7c43464d3.mp4

Bitcoin Whales Secretly Bought $1.2B BTC This Week

🟠watch my LIVE🔥

https://x.com/lukemikic21/status/1803091346888232974?s=46&t=BmDLG99_3Vds9qJKwA5qGA

MicroStrategy is set to buy another $700M of Bitcoin & the media is once again confused because...

They don't understand the 7 step MSTR Flywheel effect!👇

Michael Saylors first rule for Bitcoin:

✅Those who understand buy Bitcoin.

❌Those who don't, criticize Bitcoin

Once Bitcoin clicks for you:

❌You're not going to talk about it.

❌You're not going to criticise it.

✅You're going to RUN, NOT walk, to the nearest place you can buy Bitcoin. https://video.nostr.build/acdc4ceb2dffe53452d0dfc0e3a56b3365d87998c255fa6b472624e7c4d59eed.mp4

If you're looking at this chart and somehow selling Bitcoin today at $66,000, you're as soft as butter on a hot day.🧈

🐳20,000 Bitcoin have been accumulated by whales on this recent correction.

This is the highest inflow into accumulation addresses EVER!

🇸🇻Happy fathers day to funniest Dad in the world.🤣🧡

nostr:npub1jwjrsga23l5d3d8kcsjf4tv3an7cguyte4md8rng4yfrnj80gkwqjf8lew got sent this photo one day during one of my live streams.🤣🤣🤣

Adopting a Bitcoin strategy has increased MicroStrategy's stock by 1157% over 4 years!🚀

Not even a multi millionaire who has been in the space for over a decade can outperform Bitcoin.😂👇

HOLD YOUR BITCOIN

THERE IS NO SECOND BEST!

DO NOT TRADE YOUR BITCOIN

🇨🇿Bitcoin Prague showed that Nostr is the future.🟣

🟣Drop your NPUBs below👇

nostr:npub1vz0jduezztuqkuc5u4uvrqjrkr044fhs70utafet20azgcaywndsfj56eq