My new Bitcoin price target: 1 085 000 USD.
How did I get there? Since the "Zap the Devs" button gets us 26M sats/year and that compensates for the work of about 2 full time devs when you combine all contributions, given that a full time dev in the US costs averages ~140,000/year, Bitcoin has to be worth ~1M to pay two devs at current rates. 🥲
So, we are about 10x off from breaking even.
But we are getting there... 🚀
Vitor Pamplona
npub1gc…fnj5z
2024-12-31 22:59:12
Author Public Key
npub1gcxzte5zlkncx26j68ez60fzkvtkm9e0vrwdcvsjakxf9mu9qewqlfnj5zPublished at
2024-12-31 22:59:12Event JSON
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"content": "My new Bitcoin price target: 1 085 000 USD. \n\nHow did I get there? Since the \"Zap the Devs\" button gets us 26M sats/year and that compensates for the work of about 2 full time devs when you combine all contributions, given that a full time dev in the US costs averages ~140,000/year, Bitcoin has to be worth ~1M to pay two devs at current rates. 🥲\n\nSo, we are about 10x off from breaking even.\n\nBut we are getting there... 🚀 ",
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