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bitcoinstr / Samuel #BTC
npub1qzx…xaaq
2024-01-12 16:54:57
in reply to nevent1q…lhme

bitcoinstr on Nostr: I wanted to point out a few things about bitcoin: 1. 900 new #btc are mind each day. ...

I wanted to point out a few things about bitcoin:

1. 900 new #btc are mind each day.
2. 900*$45,000 = $40,500,000/day
3. ~$14.8 billion new #BTC /year
4. The largest ETFs in the world are only about 1/2 trillion.
5. most of these ETFs are well over 10 years old and many are much older than that or started as mutual funds before then.
6. There are not very many ETFs worth over $100 billion.
7. Berkshire Hathaway has only 1.4 million outstanding shares class a.

These numbers only talk about brand new bitcoins that are going to be minted. These don’t speak about the 21 million existing #bitcoin

Most bitcoin #HODL ers do you have a price at which they’ll sell?
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npub1qzxv58exzw2qnvsc67v32etqt9crw6s33cxx830af08y33t65east5xaaq