Bitcoin is not the answer to our problems.
it will result in an even larger spread between rich and poor.
sure it seems great for the early adopter, but what about the rest of the world?
a coin that grows in supply as fast as it grows in acceptance is a solution.
only then it will hold it's value, instead of grow its value.
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people - can the same Satoshi invoice be used multiple times?
or can it only be fulfilled once?
🤔🤔🤔
the final value of Bitcoin, if Bitcoin was to be the world currency, in today's money compared to the USD.
if BTC is the only used currency, used by the entire world.
my math is this:
21 million coins divided by world total adult population, which is just over 5 billion.
so
21 million / 5,298,564,000 = 0.00396 btc
the world adult average wealth
is $8360 USD. (only)
so
roughly in today's numbers,
$8360 USD = 0.00396 BTC
1 BTC / 0.00396 BTC = 252
252 * $8360 USD = 2.1 million USD
rounded here of course but check Wikipedia's wealth numbers..
but that's the math.
https://en.m.wikipedia.org/wiki/List_of_countries_by_wealth_per_adult
lnbc130n1pjrkv5hpp5qyk02zp25h0dyps525stge4lnqcphq0jjuy3g35jy84q9z0mah0qdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp5vz6v9axw64m2cqluuy2c9z5p2d5tgf6slmxucq376se88rursqmq9qyyssqv6rsey4mezsh8u2m4pw7tkr5dlsa45jl0v90uhzn0hyvuf5wkz65vrqazfa0ddfq32mnxy2uammfdtxy4uwxrl0hkrsnm39dkxmpaxgpszpzyv
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this one
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lost vikings.
great game.

so does nostr / amathyst do this?
save the URL of my picture or video from my camera roll, via what? IP?
if I delete the video from my camera roll, it will be gone, from my post, right?
if I switch IP, is it also gone?
does somebody know this?
just incase
lnbc130n1pjrkdvwpp57vqswwp2dpdqc0fydkac3e3hc7f3sun3jmn9zty8y5vudr9gxddsdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp5p8vaemev3q0txqm6j0h602ulqsykegx7qng56e2rrgd4phu72hlq9qyyssqgwz8u32s6qplgzzsvue7ls3k8ktg254qj8eysdr76sjcsswrucspwds6l4dr379tyqqmva2g4klfy35gpsche4vxjrp07lprg6euf9sqsmxrdl
my math is this:
21 million coins divided by world total adult population, which is just over 5 billion.
so
21 million / 5,298,564,000 = 0.00396 btc
the world average wealth
is $8360 USD.
so
roughly in today's numbers,
$8360 USD = 0.00396 BTC
1 BTC / 0.00396 BTC = 252
252 * $8360 USD = 2.1 million USD
rounded here of course but check Wikipedia's wealth numbers..
but that's the math.
https://en.m.wikipedia.org/wiki/List_of_countries_by_wealth_per_adult
lnbc130n1pjrkv5hpp5qyk02zp25h0dyps525stge4lnqcphq0jjuy3g35jy84q9z0mah0qdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp5vz6v9axw64m2cqluuy2c9z5p2d5tgf6slmxucq376se88rursqmq9qyyssqv6rsey4mezsh8u2m4pw7tkr5dlsa45jl0v90uhzn0hyvuf5wkz65vrqazfa0ddfq32mnxy2uammfdtxy4uwxrl0hkrsnm39dkxmpaxgpszpzyv
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🌎
lnbc110n1pjrkyqkpp5fdjp0fldmydvs3xsanv47840u57euxxey6qmqhjw8khmq994pf9qdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp5ft4n2z6kcnlsuu54uxrx8ed89ywvfjey3ka3k9wr5nmwc3nzrcqq9qyyssq5tvqehvklaccqdf6pcwr7pfgsnz3ava26ttf9atz7sylz4qnrn84x76y3lfdflvhqnw0cqhun9hr68hhlgc8c3lx6cr3yv74upcv4mcqktk7x7
my son's name is Mauricio
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so Bitcoin is not the solution, exactly because of this reason that it has a finite supply.
doing the math, when considering the world population and the world's average wealth, decide that by 21 million, you end up with a value of
$2 million dollar value for each Bitcoin.
if the Bitcoin was distributed all at the same time, in accordance with each and everyone's current wealth status, then it would work.
but that's not what is happening.
lnbc100n1pjrkz2zpp5hg4jqmwnler5cl5vmpvlq7rw7k2e5dgw55e9k93jcgxhxgxl665qdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp5n2rffs458wsgfzz368pjq9wy20nsvrwxac022efggxu8kumsqu3q9qyyssq6qygf0hdl8p6qldhv7v7ern5dxu8y6afcw6jhmtme9z9752ksexym75drez23qalqllc9y0wwgtj4rryd9r0676v9ghhwtuex58dfecpkru5d6
each person takes their savings, and trades those in for the digital currency.
but Bitcoin supply remains the same, which raises the price of Bitcoin with every dollar that switches to the market cap of Bitcoin.
every day bitcoin becomes more expensive and the early adopters become filthy rich, while the last few people to switch their dollars into digital, will essentially lose their savings, since they can buy only fractions of a Bitcoin by that time.
lnbc100n1pjrkp00pp5gk6j8rc5y4an38h8mmk30w7xcer0z9c0mh7uu64u4y928gynvppsdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp52x7rw3klzcksjn6ggn50s2zzm8x3wee28y9cn2fp9fmncxtg2slq9qyyssqsjp88ck6kmzj7azq7tnsw293za90vhkf507hkcmf4sjfem4mx3aycm5wn0vkzqw26le3hvc4fl6mz035wwa4es5uzlz8yn3gc74hnpcqsmfjdy
a decentralized digital currency needs to be adopted, meaning all countries fiat money needs to be 'traded' in for the digital currency.
a finite digital currency promotes extreme gaps between rich and poor.
the correct digital currency is one that grows it's supply at the same rate as it's adoption rate.
lnbc100n1pjrkp00pp5gk6j8rc5y4an38h8mmk30w7xcer0z9c0mh7uu64u4y928gynvppsdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp52x7rw3klzcksjn6ggn50s2zzm8x3wee28y9cn2fp9fmncxtg2slq9qyyssqsjp88ck6kmzj7azq7tnsw293za90vhkf507hkcmf4sjfem4mx3aycm5wn0vkzqw26le3hvc4fl6mz035wwa4es5uzlz8yn3gc74hnpcqsmfjdy

