₿itcoin Umuttur⚡⚡

₿itcoin Umuttur⚡⚡'s avatar
₿itcoin Umuttur⚡⚡
npub1magv...uf6h
☀️ ∞/21M ₿itcoin Get money, buy ₿itcoin/ Not sell ₿itcoin/ The ₿itcoin Standard/ ₿itcoiner/ ₿itcoin Only / DYOR/YTD/WAGMI/ https://mempool.space / HODL #Bitcoin / #nostr / #zap https://bitcoin.org https://bitcoinknots.org ACCELERATE HYPERBITCOINIZATION ⚡Stack Friends Who Stack Sats⚡
There are 21,000,000 #Bitcoin This supply will never increase 95% (~20,000,000) has already been mined and distributed to holders) 1) Earth's population is 8,000,000,000 - 380 people/BTC - 0.002625 BTC/person - Most people currently own 0 2) There are 15,700,000,000 acres of habitable land on earth - 748 acres/BTC - 0.001337 BTC/acre - Supply does not increase, but is currently massively overvalued 3) There are 2,300,000,000 houses globally - 109 houses/BTC - 0.009174 BTC/home - Some will obviously be worth more than others, so: 3A) There are 426,000,000 houses in "developed" or OECD countries - 20 homes/Bitcoin - 0.04929 BTC/home - About 10% are unoccupied (why?) - Supply is always rising 4) There are 6,700,000,000 ounces of gold above ground - 319oz/BTC - 0.003135 BTC/oz - Supply is rising at ~2%/year - 60% of the total supply mined in the last 75 years (supply growth is accelerating because of technology)
Unpopular opinion: Real estate investing is exploitative in nature If people didn't own more properties than they needed, the price of real estate would drop dramatically, giving renters the ability to buy a house instead of borrowing one forever #Bitcoin  fixes this