8m * 2.625=21m
21m = all coins existing now plus al coins fresh mined for the next 117 years.
knowing there is only 19.44m coins currently.
the most 8 million people can equally own is not 2.625. but 2.43btc of just current curculation
if we were to go with his math his 8m* 2.625 never selling is ALL CURRENT PLUS FUTURE POSSIBLE COINS never selling.
locking up all 21m means locking up ALL coins from now until the year 2140 when the network finally produces the 21mth coin he thinks should be locked up too. meaning for 117years all current calls and all new coins minted are not to be sold.
meaning no market for the next 117 year
You say that my idea is abstract, but I don't deny that. I described an ideal strategy, but the world is not perfect. The total number of mined bitcoins will never reach 21 million, as the Bitcoin code includes a function that asymptotically approaches 21 million but never reaches it. So, to criticize me for abstraction is the same as criticizing the abstraction of the Bitcoin idea itself. Indeed, all mathematics is abstract, and that's its beauty.