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0 sats \ 2 replies \ @denlillaapan OP 14h \ parent \ on: Bitcoin Miners Stacking Sats (Financial Times, Niamh Rowe) econ
true true trueeee... but, then, why do we not have more $100 notes...? Gov clearly isn't maximizing revenue here (hihi, trick question!)
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0 sats \ 0 replies \ @jamalderrick 13h
Fiat will go to zero. BTC to infinity. That’s is why I refuse to calculate a since inception return for bitcoin. The math speaks for itself. It is quite literally undefinable because it is not possible to divide by zero.
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0 sats \ 0 replies \ @jamalderrick 14h
  • $1 and $2 bills: About 6.2 cents per note
  • $5 bill: About 10.6 cents per note
  • $10 bill: About 10.8 cents per note
  • $20 bill: About 11.2 cents per note
  • $50 bill: About 11.0 cents per note
  • $100 bill: About 14.0 cents per note
Pick your poison. It’s all just worthless paper. lol
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