Michael J. Saylor, gets it … most don’t. Nearly 20% of all bitcoins are lost forever. Media continues to report 19.9MM available. Nope, more like 16.0MM … likely less. Buy now, why you can!
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https://t.co/FXx63bjjiJ
Gold market cap is ~$20T
Bitcoin market cap is ~$2T
So, gold is worth 10x bitcoin
Gold scarcity (stock-to-flow ratio) is ~60
Bitcoin scarcity is ~120
So, bitcoin is 2x scarcer than gold
IMO bitcoin is at least 10x undervalued
@BitcoinSapiens@saylor@ladoger Just a reminder … nearly 20% of all bitcoins are lost due to forgotten passwords by owners when the per coin price was diminutive! Buy now!
@BitcoinSapiens@saylor@ladoger True, however. The current supply of 19.5 million is grossly overstated. Estimates up to 4.0 million bitcoins have been permanently lost due to lost encryption keys and/or physical loss of hard drive/usb drive etc.
Bitcoin is far more rare than most people understand it to be.
@WNBA@Kia@DijonaiVictoria When you have Michael Jordan on your team and you must win, you don’t give the ball to Scottie Pippen.
No one else should have had the ball other than Caitlin Clark the last 5 minutes of the game!
Attendance should go down.
@RateYourCharge Supercharger in North East Tulsa, OK. Arrived with two of eight spots available. Shortly a line queued. Charge rates never over 70 kWh since this is a generation two charger.