BTC can't go big time! BTC is deflationary! For BTC, it's all about the Blockchain!
Blah blah blah.
If you assume that BTC will scale sufficiently in the next few years as I believe, then look at the numbers and see the genius. Assume current worldwide M3 as 60T. Keep in mind that this number reflects the current central bank insanity that grips some of our best educated. 60T divided by 21M gives you 2,857,143. Now understand that Bitcoin can move to the right of the decimal to give 1 Satoshi = .00000001. In terms of 10 Satoshi, BTC enables an M3 number of 28.5T. In terms of 1 Satoshi, BTC enables an M3 number of 285.7T. This is a factor of 4.76 times the current insane worldwide M3. There is a boat load of room. This enables a steady growth rate and a holistic and sound rate of inflation for our children's children's children. Plenty of room to accommodate our trip to the future and solar systems beyond ours. Next time someone feeds you a line of crap about how BTC cannot go big time and BTC is deflationary, remind yourself of the math. The math tells a different story. Think on this as NIRP approaches along with the recent steady calls by financial elites of a cashless society. You have a right to save money! No one has the right to make you spend it in lieu of having it eaten away. For US citizens, the constitution's 1st and 2nd amendments ensure the right to fight tyranny. This includes more than guns and free speech by default. For non US citizens, feel the love! For BTC believers, own the math!
We have only just begun.
60,000,000,000,000 1
2,857,142.86
28,571,428,571,429
0.0000001
285,714,285,714,286 4.76
0.00000001
Blah blah blah.
If you assume that BTC will scale sufficiently in the next few years as I believe, then look at the numbers and see the genius. Assume current worldwide M3 as 60T. Keep in mind that this number reflects the current central bank insanity that grips some of our best educated. 60T divided by 21M gives you 2,857,143. Now understand that Bitcoin can move to the right of the decimal to give 1 Satoshi = .00000001. In terms of 10 Satoshi, BTC enables an M3 number of 28.5T. In terms of 1 Satoshi, BTC enables an M3 number of 285.7T. This is a factor of 4.76 times the current insane worldwide M3. There is a boat load of room. This enables a steady growth rate and a holistic and sound rate of inflation for our children's children's children. Plenty of room to accommodate our trip to the future and solar systems beyond ours. Next time someone feeds you a line of crap about how BTC cannot go big time and BTC is deflationary, remind yourself of the math. The math tells a different story. Think on this as NIRP approaches along with the recent steady calls by financial elites of a cashless society. You have a right to save money! No one has the right to make you spend it in lieu of having it eaten away. For US citizens, the constitution's 1st and 2nd amendments ensure the right to fight tyranny. This includes more than guns and free speech by default. For non US citizens, feel the love! For BTC believers, own the math!
We have only just begun.
60,000,000,000,000 1
2,857,142.86
28,571,428,571,429
0.0000001
285,714,285,714,286 4.76
0.00000001