Thursday, 1 August 2019

BTC: A lifetime of wealth for $30.00

7B people, 21M BTC. If BTC were equally distributed among all people in the world, that would mean each person would own 0.003 BTC / 300k Satoshi (21,000,000 / 7,000,000,000). At today's prices, 300k sat costs $30.

Add to that: it won't be equally distributed, and some BTC is already lost, and more will be lost, and the Earth population will continue to increase beyond 7B, which means the median btc/person amount will likely be far less than 300k sat. It makes 300k sat for $30 seem like a pretty good deal right at the moment, for those of us who believe in the long term viability of the network.

submitted by /u/facepalm5000
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