girevik on Nostr: For BTC to hit $1,000,000 *and remain there sustainably*, every American needs to buy ...
For BTC to hit $1,000,000 *and remain there sustainably*, every American needs to buy an average of $2.72 of BTC per day. This would cover all the newly mined coins.
After the next halving, the amount required becomes $1.36 per day.
Published at
2023-03-20 14:17:41Event JSON
{
"id": "b3d81facbc403fe336f4f4d52052692157c993c7cfe16a3b7233d27594928d3e",
"pubkey": "463adf09426e817d0a66a7215e45d016fae78b94b683b4d96babf1aa2e89a769",
"created_at": 1679321861,
"kind": 1,
"tags": [],
"content": "For BTC to hit $1,000,000 *and remain there sustainably*, every American needs to buy an average of $2.72 of BTC per day. This would cover all the newly mined coins.\n\nAfter the next halving, the amount required becomes $1.36 per day.",
"sig": "9e4da4b769c1fdc54ce10e900661c4de9b08e7988cb3b5f836221c698110975af3ecdfd9e0001e5f346eda55626c7220d302a47c644ce80ec662cfa8a8948c25"
}