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That's an interesting way to math it. Your calculation of the number of millionaires is high because some billionaires own hundreds of millions of dollars. Acc
by colecut 6y ago
That's an interesting way to math it.
Your calculation of the number of millionaires is high because some billionaires own hundreds of millions of dollars.
According to google there are approximately 46.8 million millionaires in the world. There will only be 21 million bitcoin.
Less than half of current millionaires could possibly own a whole one.
Plus, 4 million BTC (nearly 20% of total supply) are already thought to be lost forever.
There's definitely not a whole lot of them for something serving as the root of a worldwide movement / new financial system
- qes 6y ago> There's definitely not a whole lot of them for something serving as the root of a worldwide movement / new financial system "A mile is so big that the entire planet is only 25,000 of them around. That's definitely not a whole lot of them for something as big as the entire planet."
- colecut 6y agoI don't really understand the point you are trying to make. The point I was trying to make was, if there are 21 million of them, and it really becomes mainstream, having even just one of them will probably be very valuable, more so than now.