Lysander Spooner on Nostr: Which part of this don't you understand: sats are 14 X more common than cents. There ...
Which part of this don't you understand: sats are 14 X more common than cents.
There are 14 X more sats after 15 years than there are cents after 110 years of the Fed printing.
They will never be as scarce as cents.
The psyop around 21M is that a BTC is a collective noun for 100,000,000 units, not 100. The current limit on sats is 2100 trillion. The current number of cents in circulation is 150 trillion, cents are 14X more scarce than sats.
Published at
2023-03-19 11:11:36Event JSON
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"content": "Which part of this don't you understand: sats are 14 X more common than cents. \n\nThere are 14 X more sats after 15 years than there are cents after 110 years of the Fed printing.\n\nThey will never be as scarce as cents.\n\nThe psyop around 21M is that a BTC is a collective noun for 100,000,000 units, not 100. The current limit on sats is 2100 trillion. The current number of cents in circulation is 150 trillion, cents are 14X more scarce than sats.",
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