Michael Saylor and Microstrategy own 210,000 Bitcoin at a value of over $14 billion.
For a nation state to catch them at today’s prices, they’d have to spend $20 billion or more. This prices out all but a small number of countries on earth. If Bitcoin does a 10x as it has so many cycles before, then it would cost $250 billion or more to match the Microstrategy allocation. This prices out every company and individual on earth and all but a handful of nations.
This is a finite asset with 21 million total supply - only 19 million exist now. Some are lost. Saylor has 200k, Blackrock has 200k Bitcoin, Winklevoss have 100k+, Satoshi Roundtable attendees have 2 million+, other institutions a million plus coins, a mess of old OG hodlers have 10,000s and even 100,000s of Bitcoins each, a bunch of smaller OG hodlers have 100s or 1000s and don’t need to sell. New EFTs scoop up more daily. New funds, family offices, banks & billionaires onboard daily.
Meanwhile the phony global money printer keeps running. 24-7. The fiat ice cube keeps melting. Dollars are thrown at the wall of orange coin to evaporate. The apex predator of money vaporizes all that hits it.
A finite asset sought with unlimited fiat.
It will be a lesson for the ages. Get some.
Posted Using InLeo Alpha