WCP: No More Bitcoin Left???

1. 1BTC = Status Symbol (Veblen Good)
2. 1BTC = 3/1000 richest in the world (0.003). This makes you an “Ultra-High Net worth” individual (have + $30 million in assets) which, currently, means that you are a shareholder in 11.3% of (all) global wealth.
3. 0.28 = 1%’er in a bitcoin world (regardless of the “price of BTC”)

Analogies for comparing Currency Asset Classes

Fiat: Is like Crossing the Atlantic in an inflatable raft with a leak. You’re guaranteed to lose 100% of its value.

Gold: Is like Crossing the Atlantic in a wooden ship. So, it’s going to decay 2-3% per year.

BTC: Is like Crossing the Atlantic in a Steel hulled ship 0% decay.

Fiat: Is like the levels possible for Wooden buildings [2 story max]

Gold: Is like the levels possible for Stone Masonry [5 or 6 story max]

BTC: Is like the levels possible for Steel [100 stories and more]

Melon = Aluminum Wealth (Aviation industry)

Carnegie = Steel Wealth (New York City; Civil Engineering)

Rockefeller = Oil Wealth; Petrochemical industry and Medical Industry

BTC is the New Wealth of the next 100 years.