blockchainer103 on Nostr: Imagine there was only 21 million dollars and we ran our current #economy with only ...
Imagine there was only 21 million dollars and we ran our current #economy with only those 21 million dollars. How much would a single penny be worth? What could that penny buy? How many parts would that penny need to be divisible by in order to allow enough transaction volume so that this economy can function?
With only 21 million #bitcoin, 1 “penny” is 1 million #satoshis. It’s going to be a huge deal just for people to reach 1 million satoshis and become #Satoshimillionaires. Some people will buy 1 bitcoin to become a #wholecoiner, some will even aspire to acquire 10 bitcoins to become a #satoshibillionaire or even 10,000 bitcoins to become a #satoshitrillionaire.
This kind of status chasing, goal setting and paradigm shifting activity will only add fuel to the next #bullrun. Be excited about that 1 million sats going into cold storage while it’s still under $300. It’s going to be a lot more expensive when more people start chasing it.
With only 21 million #bitcoin, 1 “penny” is 1 million #satoshis. It’s going to be a huge deal just for people to reach 1 million satoshis and become #Satoshimillionaires. Some people will buy 1 bitcoin to become a #wholecoiner, some will even aspire to acquire 10 bitcoins to become a #satoshibillionaire or even 10,000 bitcoins to become a #satoshitrillionaire.
This kind of status chasing, goal setting and paradigm shifting activity will only add fuel to the next #bullrun. Be excited about that 1 million sats going into cold storage while it’s still under $300. It’s going to be a lot more expensive when more people start chasing it.