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/biz/ - Business & Finance

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15149238 No.15149238 [Reply] [Original]

Once fiat collapses here is how much hard money youll need under the new system. and how much it costs in fiat currently.
These figures are pretty conservative, in reality youll probably be 2-10X as rich as each category.

Bitcoin
World mean: 0.00028 $3.25
World Average: 0.004179 $48.50
Western median (average joe): 0.0045 $52.20
Wealthy: 0.055 $638
Super rich: 1+ $11600+

Gold
World mean: 2.2 grams $104
World Average: 1.1 oz $1617
Western median (average joe): 1.2 oz $1764
Wealthy: 15 oz $22050
Super rich: 272 oz + $400k+

Silver
World mean: 13.2 grams $6.96
World Average: 6.6 oz $108.24
Western median (average joe): 8 oz $131.20
Wealthy: 2.8 kg $1476
Super rich: 51kg + $26896+

>> No.15149252

my mistake, world mean should be world median, or the average world adult

>> No.15149263
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15149263

>> No.15149299

I don’t think that fiat can actually collapse entirely on its own. We need to hit a tipping point in btc ownership first and that necessitates an increase in the figures you provide. Care to speculate on those figures? Good thread.

>> No.15149351

ok nice and what conclussion to draw now?

i am one of the super rich bitcoiner and a wealthy gold bug?

it sure as hell doesnt feel likethat

>> No.15149401

>>15149299
I think the tipping point will begin with bitcoins next halving.
Having an inflation rate lower than fiat mathematically guarantees an ever increasing price.

fiats Inflation is already much higher than reported anyway due to faulty measurements (CPI)

>> No.15149412

>>15149238
>nobody will accept gold in stores again as a currency because no one has weigh scales for them, and if you hold gold, it will get stolen

>> No.15149416

>>15149299
for the figures I compared the wealth of each group to the total supply of each monies and the number of adults in each group.

They are all conservative overestimates

>> No.15149473
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15149473

>>15149238
Based and correct , the return of hard money and the collapse of the post bretton woods system will be hard.

>>15149299
Fiat currency has been collapsing since 1973 we have reached the point where the youth is being fucked non stop that if a crisis happens there will be revolutions.

Forget about living conditions deteriorating , the system is not even providing housing for most people anymore.

>> No.15149498

>>15149351
Youre almost certain to be a very rich man once fiat dies, as it has done many times before.

>>15149412
With a hard money financial system, consumer spending habits will have to change so drastically it will become lifestyle changes. Very similar to 100 years ago, people didnt buy a new pair of shoes every year and throw them away because their money wasnt a hot potato. Instead youll buy a pair of shoes for life, and the cobbler will be bothered to weigh your gold because it will be a high value transaction.

People will prioritize buying productive assets again. Why buy the milk when you can buy the whole cow. But youre right, noone will be bothered to buy a can of coke with a gold coin

>> No.15149956

>>15149238
Ok so wait, what you're saying is that my 1% of bitcoin will put me in the upper-middle class of the future?

Thats ok with me.

>> No.15149965

You faggots have been crying doomsday for years now.
Have sex

>> No.15150530

>>15149498
>the reason why people throw away shoes every year is because their build quality sucks ass
same with all products, everything has gone to shit