Vitor Pamplona on Nostr: My new Bitcoin price target: 1 085 000 USD. How did I get there? Since the "Zap the ...
My new Bitcoin price target: 1 085 000 USD.
How did I get there? Since the "Zap the Devs" button gets us 26M sats/year and that compensates for the work of about 2 full time devs when you combine all contributions, given that a full time dev in the US costs averages ~140,000/year, Bitcoin has to be worth ~1M to pay two devs at current rates. 🥲
So, we are about 10x off from breaking even.
But we are getting there... 🚀
How did I get there? Since the "Zap the Devs" button gets us 26M sats/year and that compensates for the work of about 2 full time devs when you combine all contributions, given that a full time dev in the US costs averages ~140,000/year, Bitcoin has to be worth ~1M to pay two devs at current rates. 🥲
So, we are about 10x off from breaking even.
But we are getting there... 🚀