Samuel #BTC on Nostr: Albert Einstein, renowned physicist, and thinker, famously referred to compounding ...
Albert Einstein, renowned physicist, and thinker, famously referred to compounding interest as the “8th Wonder of the World.” He believed that understanding compound interest was crucial for building wealth, as it can either earn or cost individuals money, depending on their financial decisions. - from BRAVE AI
#HODL #BTC #bitcoinstr
#HODL #BTC #bitcoinstr
quoting note1xcf…swpmSince almost everyone is stupid about compounding even me.
Here’s the math.
Using saylor (npub15dq…lm5m)'s base case (13MM a coin by 2045) as the example…
Saving $20 a week = $1,200,000 in 2045
Saving $50 a week = $3,000,000 in 2045
Saving $100 a week = $6,000,000 in 2045
Saving $500 a week = $30,000,000 in 2045
Saving $1,000 a week = $60,000,000 in 2045
Now let’s get properly bullish and use Saylors bull case 🐂 of $49 million per coin by 2045.
Saving $20 a week = $3,600,000 in 2045
Saving $50 a week = $9,000,000 in 2045
Saving $100 a week = $18,200,000 in 2045
Saving $500 a week = $90,000,000 in 2045
Saving $1,000 a week = $181,500,000 in 2045
If you save $20-$50 a week over the next 21 years you will end up with somewhere between 1.2 and 9 million dollars.
I mean bro for Americans that’s like me asking you not to go out to lunch once or twice a week.
That’s nothing.