'Each of our lives is a part of the lengthy process of the universe gradually waking up and becoming aware of itself' Nagel.
Opinions, my own.
#Bitcoin
This calculator helps you evaluate if you should take a loan and roll it over indefinitely, with btc as collateral.
E.g.: you can permanently roll-over a loan of 15000$, by keeping 2.5BTC in collateral.
Link: docs.google.com/spreadsheets/d…
Roughly speaking, these are the steps:
- Select the amount you want to receive yearly.
- Modify the cells with the parameters in blue, until the blue curve in the chart *always* moves below the red line. The opposite means you would be liquidated.
Jul 9, 2022 • 14 tweets • 4 min read
The scarcity of #Bitcoin is tougher than you might think.
When Bitcoin is adopted globally, its scarcity will hit harder and faster than our minds can comprehend.
In this little weekend project I estimated how many people can own a full BTC? And 10? And 21?
That means that the theoretical max # of hodlers is:
- Wholecoiners (1 BTC)-> 21M
- Satoshi Billionaires (10 BTC)-> 2.1M
- One-in-a-Million Club (21 BTC)-> 1M
Roughly speaking, these are the steps: