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nobody
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Mutual funds, stocks, bonds, and derivatives, forex value prop: debt slaves owe half their pay in taxes and we hold a gun to the majority of the world’s population. Number to up.

Bitcoin value prop: we use math and incentives to draw the right people and use their brains and work to snowball into prosperity for everyone.

I wanna see him with a buzz cut before he pushes any of those.

Hmm, I wonder if any pests roaming around might bite into the cord. ⚡️

All except B. Inflation makes it so governments charge less explicit tax, at least it did for a while until the interest payments get out of hand, like right now.

Anybody got about $300 Billion cuckbucks laying around to buy Bitcoin and instigate the supply shock?

I don’t think that math is right. It’s more of addition than multiplication.

So for every $1B purchased, it would increase to the Bitcoin on the exchange. So if there were 21m on the exchange, each Bitcoin could go up $$47.60. But if there’s only 1m Bitcoin on exchanges, it goes up $1,000.

So the multiplier is 21m / # of Bitcoin on exchanges. Currently 1.9 m on exchanges equating to a 11.05 multiplier. And that means $1B x 11.05 is added to current “market cap” which there’s different calcs for that.

Free float mkt cap according to coin metrics is currently $565 billion. So a $1B purchase could move the prive 1.95% even though with current market cap it should be dividing that by the multiplier.

If you use the standard maket cap price x 21m it only translates to a 1.33% increase in price.

So as Bitcoin keeps leaving exchanges the multiplier could double or triple in the next couple years due to halfining. Free float market cap could also dwindle while people hodl and lose access to their Bitcoin.

Unit bias would have to be crushed with about a )200-300B Bitcoin rush. The multiplier would skyrocket. FOMO would set in. But where’s that amount of capital coming from? I’m straight outta fiat.

Lets look at the math, hypothetically assuming that exchanges are fair, no paper Bitcoin, and no lost Bitcoin.

$1 Billion purchased and taken off the exchange, divided by 21 million = 47.6, rounding down to that multiplier.

TIMES current exchange price of $42,500 = $2,023,810.

Clearly there are other factors at play.

The dollar is not money. It’s just a currency.

It’s not designed to be a good store of value, and people are harmed financially when they think that it is and try to save in dollars.

The dollar isn’t even really a good currency since, well, it can be confiscated and controlled at the whims of banks and governments who do not have your best interest at their heart.

At best, the dollar is like electrical wiring that connects batteries, but which is often unreliable and contentious.

If you can’t handle the truth

Then well I guess you get what lies brings.

I don’t know what’s meant for anyone.

I know what I put my mind and my hand to.

If there’s someone or something directing this, they can identify themself anytime they want but nothing, so blank.

But you do what you do for your people. And it matters,

It ain’t me.

It ain’t me.

I ain’t no fortunate one.

Dome inherit star spangled eyes that send you down to war.

And when you ask how much should we give

They only ask for moar moar mosr.

Um, I’mjust trying to not do anything too stupid. If I can avoid that for a good long period of time, I might come up with a good idea or two along the way. Have a good week!

Replying to Avatar Evan

#Bitcoin

Fon’t do it Bitcoin! Also, the guy should look a lot more excited.

And I pray, oh my god do I pray

I pray every single day

For a revolution.

GM

Thinking about human history.

Bitcoin is hope.

Bitcoin or slavery.

Enjoy the freedoms you have, they were hard-won, and aren’t guaranteed to continue.

Maybe not right away.

It will take time for people to understand economic signals and allocate resources properly again after the credit binge we’ve been on. Tqkes time to build the skill after your eyes stop glazing over.