mike on nostr

Open in Damus

Thought experiment. Option # 1 Let’s say you have 10 bitcoin and we hit 2 million in the next few years. You’re tempted so you sell it for 20 million dollars. After taxes you’re be left ...

mike @mike 1734703692

Interesting maths.

At $50M per BTC, for 20M total coins is a market cap of
$1,000T or
$1 Quadrillion

Current wealth of the planet = $454T
Current debt of the planet = $307T

https://www.visualcapitalist.com/global-wealth-distribution/

https://www.weforum.org/stories/2023/12/what-is-global-debt-why-high/

2

Yep but we’re going to continue inflating

xiangcai · 61w

i don't understand option 2, why would you be stressed for some months knowing your total buying power is fluctuating a little bit but overall has 10x or 100x? the trap in option 1 is that once you trade, you'll most probably trade for more frequently than you could imagine, human nature, I don't s...