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$36 million PER DAY?!

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Let's use $40,000 per bitcoin to keep the math simple. There are 900 newly minted bitcoins each day. 900 multiplied by $40,000 is $36 million.

So if a flat $36 million inflow of cold hard fiat is used to purchase bitcoin each DAY the price will do what?

Did you guess it?

That's right. It will break even.

So when bitcoin breaks even in price for the day at $40k that means the market cap is actually growing and the network security is strengthening by $36 million that day. All while the price breaks even.

To put that in perspective If a company in the S&P 500 were to announce that it was about to issue $36 million worth of equity (stock) everyday for the next ~20 years, what do you think would happen to its price?

Now last train of thought. In 2024 there are only 450 new bitcoins produced each day. If a mere $36 million of inflows absorb that supply what will the new price of bitcoin be?

That's right. It would double to $80,000 per coin.

So if we have already reached practically a terminal growth rate. And only a mere $36 million of flat daily inflows continue for the next 3 years. You will double your money by 2024.

And thats if you never invested another dime along the way to $80k.

Now ask yourself when we will reach $80k.

I got Nov 30th, 2021.

If I'm wrong and it takes you 3.5 years to double your money instead of 3.5 months well that would be a travesty.

submitted by /u/GoingDeezNuts
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