Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by Biodom (1)
I know, people don't really like to talk about the 'pie in the sky' numbers like $21 mil/btc in 21 years (by 2046), which was provided by M. Saylor (Bitcoin Prague speech that i linked yesterday).
That said, there was a funny factoid there...at $21 mil/btc, someone is a billionaire with 48 btc.
That said, MS also proposed to "save" $50K into bitcoin yearly, which is not affordable for an average dude, so he may not really understand the common folk well.
Even though some of his ideas can be inspirational, he does seem a bit out of touch within terms of some normal numbers, and also there sometimes are needs for moderation of the use of debt, even though he is likely directionally correct that debt can be used towards your advantage when you are able to identify places to put the money that are likely to outperform the cost of the debt..That said, there was a funny factoid there...at $21 mil/btc, someone is a billionaire with 48 btc.
That said, MS also proposed to "save" $50K into bitcoin yearly, which is not affordable for an average dude, so he may not really understand the common folk well.
I heard the opposite (to trying to become a billionaire) point of view on The Prof G (Galloway) podcast.
He said that he refused to strife to become a billionaire, even though there was a path.
https://www.youtube.com/watch?v=736vqEuvNq0
Once he hit his 'number', which from the other numbers he discussed probably was in the vicinity of $100mil (maybe $50-200 mil), he either spends the surplus yearly or gives to charity.
Some guys know when they have enough.He said that he refused to strife to become a billionaire, even though there was a path.
https://www.youtube.com/watch?v=736vqEuvNq0
Once he hit his 'number', which from the other numbers he discussed probably was in the vicinity of $100mil (maybe $50-200 mil), he either spends the surplus yearly or gives to charity.
I know a guy who bought 20 bitcoin in 2015, and to this day, he continues to proclaim that 20 is enough.
re that "guy", your numbers are just from a theoretical example posted in a discussion, nothing that corresponds to reality.
you can also say that it was 0.63 btc or, perhaps, 0.42 btc (if the idea is to make it divisible by 21)
Thanks. I fixed the quotes.
O.k. I won't battle you on this one. We will agree to make the story of the guy 21 rather than 20.. if that makes you feel MOAR better about my memory of the facts of the situation.
