Why Nostr? What is Njump?
2024-03-25 14:20:38
in reply to

NickGiambruno on Nostr: It's not based on price, but percent of overall supply. Bitcoin has a supply of 21 ...

It's not based on price, but percent of overall supply.

Bitcoin has a supply of 21 million.

The World Gold Council estimates there are 6.8 billion ounces of mined gold globally.

1/21,000,000 is roughly equal to 324/6,800,000,000

Each gives you about 0.00000476% of the overall supply.
Author Public Key
npub1wgjh30uxvvepumxhl3qlfzmt4chueprxmcvrxyw0wjtv9m4w8zwq3se082