bitcoincrackers on Nostr: The human brain cannot compute the real scarcity of #Bitcoin ...

The human brain cannot compute the real scarcity of #Bitcoin

quoting note1p8t…7rya

“You are stacking #Bitcoin but you have less than 1 and may never own one? Don't panic, it doesn't matter. Let me tell you why:

Being able to call 1 Bitcoin your own is getting increasingly harder for most people as time goes on, and immeasurably harder at that. In my opinion, this development is far too rarely noticed and that is because it is progressing quite slowly - yet continuously.

In a few years, there will be so unimaginably few individuals proportional to the total number of people on the planet that those individuals holding 100,000,000 Satoshi will be a rarity. Even crazier, further into future it will probably be hard to imagine that there were people who owned 100 times 100,000,000 Satoshi, or even 1000 times 100,000,000 Satoshi.

The 1 Bitcoin target, becomes a 1/10 Bitcoin target, which in turn becomes a 1/100 Bitcoin target. With each halving, this target decreases further.

Even though 0.1 Bitcoin is not much to many people today, I would like to point out a fact that proves to you that 0.1 Bitcoin - 10,000,000 Satoshi - is not only significant, it is generational wealth.

Let's jump to the year 2044, which is about 20 years in the future. The 9th halving will most likely happen this year, the 9th epoch of the Bitcoin inflation plan starts: for the first time ⅒ of a Bitcoin will be issued every ~10 minutes: 0.09765625 per block.

Owning 0.1 Bitcoin in 2044 is proportionally the same as owning 6.25 Bitcoin today. The block subsidy is identical in relation to ownership in both cases.

If you have 10% of 1 Bitcoin today, in ~20 years you will be the owner of an entire block reward, for which millions of people around the world simultaneously sacrifice their energy and time for ~10 minutes.

Your goal should not be fixed on a certain amount of Bitcoin, but your goal should be to be able to call the block reward of one Bitcoin block your property as early as possible.

Even if it takes longer to achieve this, time plays into your hands due to Bitcoin's inflation plan and despite rising price values. All you have to do is owning some and hold.” @bitcoin__apex

🧡 #bitcoin