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28, 000 UDS open market fiat price X 900 coins per day mined.
= To eat this new supply of coins $25 mill is needed.
Implications?
My opinion, the biggest implication is that we know exactly how much $USD is needed each day to eat the new supply of BTC each day; a great thing I don't think anyone has ever seen before
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Very true. It's still a considerable amount.
After the halving... it's significantly less...
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Yep. Gonna see some very real metrics then!!!!
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To the mooooooon
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rather, we know exactly how many BTC need to be eaten every day. The $USD amount fluctuates obviously
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Soon number go up? Lol
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Yesss sir
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