Full Nettle Bitch on Nostr: if inflation in the base money supply increase on average 9%, and a thirty year bond ...
if inflation in the base money supply increase on average 9%, and a thirty year bond is at 3%, ChatGPT calcs (which might be wrong, I dunno):
Sure, let's recalculate using a final price for Bitcoin in 30 years of $10 million:
Given:
- \( P = \$70,000 \) (current value of Bitcoin),
- \( A = \$10,000,000 \) (final value of Bitcoin in 30 years),
- \( n = 30 \) years.
We need to solve for the CAGR (\( r \)) using the formula:
\[ A = P \times (1 + r)^n \]
We rearrange this formula to solve for \( r \):
\[ r = \left( \frac{A}{P} \right)^{\frac{1}{n}} - 1 \]
Let's plug in the values:
\[ r = \left( \frac{10,000,000}{70,000} \right)^{\frac{1}{30}} - 1 \]
\[ r = (142.857)^{\frac{1}{30}} - 1 \]
\[ r \approx 1.1034 - 1 \]
\[ r \approx 0.1034 \]
So, the CAGR (\( r \)) is approximately 10.34%.
Now, let's recalculate the offset needed to counter the debasement caused by the 9% inflation scenario:
\[ Offset = A - \text{Treasury Bond Value} \]
\[ Offset = 10,000,000 \times 18,100,000 - 1,000,000,000 \]
\[ Offset = 181,000,000,000 - 1,000,000,000 \]
\[ Offset = 180,000,000,000 \]
So, approximately \$180 billion worth of Bitcoin at \$70,000 per coin would be needed to offset the debasement caused by the 9% inflation scenario over the 30-year period with a final price of Bitcoin of $10 million.
So, 2,571 Bitcoins approximately
shame they'd have to do some work to get that much........
Sure, let's recalculate using a final price for Bitcoin in 30 years of $10 million:
Given:
- \( P = \$70,000 \) (current value of Bitcoin),
- \( A = \$10,000,000 \) (final value of Bitcoin in 30 years),
- \( n = 30 \) years.
We need to solve for the CAGR (\( r \)) using the formula:
\[ A = P \times (1 + r)^n \]
We rearrange this formula to solve for \( r \):
\[ r = \left( \frac{A}{P} \right)^{\frac{1}{n}} - 1 \]
Let's plug in the values:
\[ r = \left( \frac{10,000,000}{70,000} \right)^{\frac{1}{30}} - 1 \]
\[ r = (142.857)^{\frac{1}{30}} - 1 \]
\[ r \approx 1.1034 - 1 \]
\[ r \approx 0.1034 \]
So, the CAGR (\( r \)) is approximately 10.34%.
Now, let's recalculate the offset needed to counter the debasement caused by the 9% inflation scenario:
\[ Offset = A - \text{Treasury Bond Value} \]
\[ Offset = 10,000,000 \times 18,100,000 - 1,000,000,000 \]
\[ Offset = 181,000,000,000 - 1,000,000,000 \]
\[ Offset = 180,000,000,000 \]
So, approximately \$180 billion worth of Bitcoin at \$70,000 per coin would be needed to offset the debasement caused by the 9% inflation scenario over the 30-year period with a final price of Bitcoin of $10 million.
So, 2,571 Bitcoins approximately
shame they'd have to do some work to get that much........