Jul 17, 2022 · tl;dr: The "1 btc = 1 btc" does NOT mean how much a btc is valued in fiat, nor does it indicate how much a bitcoin can buy, nor is it a tongue-in-cheek tautology. It's a phrase indicating the fixed, mathematical, physically-tethered nature of bitcoin.

That's not at all what I'm saying. The question was "how many bitcoin etfs = 1 btc" the answer in essence is, if you are trading volatility (bitcoin etfs) regardless of how many shares of that etf you have you still don't "own" any bitcoin. You are still making money on …

Jul 19, 2022 · What "1 BTC = 1 BTC" really means Recently there was a post giving a potential explanation of the idiom "1 BTC = 1 BTC" as referring to a Bitcoin remaining the same percentage of the total money supply across time--i.e. "1 BTC = 1/21 millionth total BTC".

Apr 30, 2023 · BTC will jump too but silver will bypass it per dollar you spend once that happens, and we’re pretty dang close to that happening. The Gold to Silver ratio is 1 to 80. 80 Oz of silver is the same price as 1 Oz of gold. But the real ratio should be 1:10. For every Oz of gold mined they get 10 Oz of silver on average.

Feb 17, 2024 · There’s nothing magical about 1 BTC. But it sometimes makes calculations easier as things often reference the price of 1 BTC, or the quantity of total bitcoin in the world. If you have one bitcoin and you know the price of one bitcoin is $50,000 each. There’s no calculation needed to know how much Fiat worth you own. It’s $50,000.

Feb 24, 2024 · BTC is still really early in its use and acceptance, in 20yrs 1 satoshi may have 1 dollar equivalency. Thats too big of an opportunity to not take the gamble for. Reply reply

Feb 13, 2024 · My point was 0.1 BTC isn't some exclusive club that is going to unlock untold riches just because it is the "top 2% globally". Top 2% globally anything is a pretty low bar given how impoverished a huge portion of the planet is and especially for Americans given the very high relative wages and cost of living.

There is a theoratical total of 21 miljon and a practical total of 17 mil. if everybody holds 0.1 btc then therr are 170 mil btc holders. So you own 1/170.000.000 of al btc. I can imagine more then 170.000.000 people want btc in the near future thus 0.1 btc is indeed something to be proud of.

Mar 5, 2024 · The first club was 21 BTC then once that became unrealistic it was 10 BTC or 5 BTC (no real consensus) and then it became 1 BTC ("wholecoiner"). Eventually 0.1 BTC will be the threshold. Not sure what cool name it will have maybe a "dime'? I don't know bro I am not that clever I am not a wordologist. On a related note 0.01 BTC is a million sats.

If btc is worth 500k or 1M in the future everything almost certainly costs more, not less. That doesn’t mean btc hasn’t acted as a hedge long against inflation, but there’s still only a limited sample to date. If you bought btc in past year you lost value in usd in ratio to btc, but also got leveled in hedging inflation.