This is a map of the public #BTC network.
Each dot represents a computer (node) that holds a complete copy of the blockchain and verifies transactions.
Wild!!
An anonymous user just sent 43,033 #bitcoin worth $3,932,155,272 on the blockchain, transferring the coins from ‘unknown wallet’ to another. The entire three billion dollar transaction cost only $1.64 in fees.
“If I put $100 in #Bitcoin in 2010 I’d have $2.8B now.”
No.
If you bought $100 of Bitcoin in 2010 and watched it go to:
$1k → $100k → $1.7M
and did nothing
Then watched $1.7M go to $170k
and still did nothing
Then watched $170k go to $110M
and still did nothing
Then watched $110M wither to $18M
and still did nothing
Then watched $18M surge to $390M
and still did nothing
Then watched $390M deteriorate to $85M
Then watched $85M climb to $1.6B
and still did nothing
Then watched $1.6B shrink to $390M
and still did nothing
Then watched $390M surge to $2.8B
and then for some reason finally decided to do something…
Then yes, $100 in 2010 would be worth $2.8B today.
After Germany sold ALL its #bitcoin, somebody sent them a $1.87 transaction, inscribing the message: “HFSP German government” 😂 👏
Germany's Bitcoin would be worth $4.86 BILLION today
Some people become poor trying to look rich
Others become wealthy because they don't care about looking rich
Stop trying to impress the people around you
Nobody cares about your car, house, or watch
Buy assets before you consume