/biz/ - Business & Finance

oh and btw how the fuck did he know there would be 20 million btc.. unless IYKYK

>>25041707
>210 million can own 0.1 Bitcoin

Assuming even spread with all available Bitcoin and no other people. Same with the 21 million 1 BTC number.
Reality is there are 7 billion people and if it's spread evenly everyone should own 0.03 Bitcoin so anyone who owns more than that made it.

Now of course efficiency rules don't allow for an even spread, even in a world where everyone is treated equally so a likely outcome is that 20% of the population will own 80% of the Bitcoin (Pareto Principle).
That means 16 million coins will be owned by 1.4 billion people and if you want to be above average for them you will need to own more than 0.0114 Bitcoin to make. Today that's just 260$. 260$ to be made for life.

In an early estimate from Hal Finley who calculated that Bitcoin would be worth 10 million if it actually became the underlying asset of everything that would be 114k in 2009 value. It's not filthy rich, but we were talking above average.

Considering that a lot of Bitcoin are permanently lost 0.01 is probably an okay "still will make it some day" stack if you keep just hodling to that amount

>>24942637
>today i will remind them

Rest in peace, Hal - Satoshi Nakamoto.