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There's a FOMO narrative of "$1,000,000 BTC if it goes mainstream" going around which has fuelled speculative investments from some people I know (myself includ
by petercooper 9y ago
There's a FOMO narrative of "$1,000,000 BTC if it goes mainstream" going around which has fuelled speculative investments from some people I know (myself included - obviously using money I am totally OK with losing given how far-fetched an outcome it is).
- pishpash 9y agoI would like to see a calculation of $1M/BTC and the assumptions.
- kwelstr 9y agoYes, that was written at the very beginning of bitcoin. The thought is that bitcoin can be divided into 100,000,000 satoshis and a dollar can be divided into 100 cents, so to make 1 satoshi = 1 cent means 1 bitcoin = 1,000,000 dollars.