Author

Topic: If Bitcoins were split equally amongst the population of BitcoinTalk... (Read 245 times)

legendary
Activity: 1078
Merit: 1011
Did you consider the fact that most of accounts are either alts or zombie accounts? The real number of active users on the forum is way less than 750k.

This is a good point, but I wouldn't say "most" accounts are alternatives.

To the OP, I thought you were going to tout some basic income or guaranteed minimum income benefit of Bitcoin. I'm glad you were actually focused on how early this thing in its lifecycle. It feels so mature with only 9 years of context...but with 20, 40 years of context, who knows!?

Plus even though there is a maximum of 21 million coins, some coins will not be mined until may years from now. Also some original wallets, thought to be Satoshi's contain over 1 million BTC, and there is a lot of lost or burned BTC that will never be recovered. So the real amount of usable BTC is much less than 21 million right now, I think it is around 17 million in circulation, and after subtracting the unusable BCT it is probably only 15 million or so.
hero member
Activity: 1106
Merit: 637
Did you consider the fact that most of accounts are either alts or zombie accounts? The real number of active users on the forum is way less than 750k.

This is a good point, but I wouldn't say "most" accounts are alternatives.

To the OP, I thought you were going to tout some basic income or guaranteed minimum income benefit of Bitcoin. I'm glad you were actually focused on how early this thing in its lifecycle. It feels so mature with only 9 years of context...but with 20, 40 years of context, who knows!?
hero member
Activity: 1064
Merit: 529
Did you consider the fact that most of accounts are either alts or zombie accounts? The real number of active users on the forum is way less than 750k.
sr. member
Activity: 652
Merit: 257
Some numbers to put into perspective...

There are 21 million total Bitcoins that will ever be created and/or mined and currently 749,128 users on BitcoinTalk.

If Bitcoins were split equally amongst the population on BitcoinTalk we would receive 28 BTC each.

Taking this a step further... Considering this is a global forum and that globally there are 7.4 billion people, approximately 0.0001% of the world is on BitcoinTalk. Basically, this means one person on the street out of 10,000 is on BitcoinTalk.org.

Essentially, there is still massive potential for the growth of Bitcoin considering it is a strong investment vehicle and an asset for wealth. Every single person and their kin would be able to enjoy and nurture the value of Bitcoin for generations to come.

Keep buying and hodling folks. The growth hasn't even hit its climax yet.

P.S. I wonder how many of the current 749,128 users have more than 28 BTC each....  Cheesy
Jump to: