Approximately 17 million Bitcoins have been mined.
Some estimates say 4 million have been lost, lets say 3 million for the sake of argument.
17 million - 3 million = 14 million
There are 11 million millionaires in the USA
2 million in Canada
Nearly a million in the UK.
That makes almost 14 million millionaires in those 3 countries alone.
What if each millionaire bought 1 Bitcoin and held it, the price could only go one way - up.
Of course the circulating supply is a lot less than 14 million and there are a certain amount actually being used for transactions so that liquidity would remain.
Still, go and convince your millionaire friends to buy a Bitcoin or if you don't know any personally then knock on the doors of some big houses and tell them to do so. Who cares if the last option could get you detained by security or even arrested for trespass but you know what I mean.
Just a thought!
Then what will happen? At the of this, those millionaires will be a little richer. It will only have a negative effect on bitcoin network if everyone starts only to hold.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This was meant as a kind of jokey article, not to be taken too seriously and to get people thinking, clearly a lot of liquidity will remain, how would all those people on the dark web make their money otherwise!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You got a 10.44% upvote from @booster courtesy of @p-props!
NEW FEATURE:
You can earn a passive income from our service by delegating your stake in SteemPower to @booster. We'll be sharing 100% Liquid tokens automatically between all our delegators every time a wallet has accumulated 1K STEEM or SBD.
Quick Delegation: 1000| 2500 | 5000 | 10000 | 20000 | 50000
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You got a 43.50% upvote from @brupvoter courtesy of @p-props!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I have but not much.....😁
Posted using Partiko Android
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @p-props! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Fork BTC with BTCM ( original BTC) for Millioners and BTCT for Thousanders. M=millioner, T=thousanders. Just a joke ha but maybe ok for orhers
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think its not a question of price is a question of use of the currency :D
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yeah I do hodl btc right now and I am ready for bull run (hopefully very soonest) Well, Aside from this I also joined and fill out the form about giving feedback/experienced on kucoin. While btc is on dip and I can't sell mine I will grab this Free KCS after I done joining this event on Kucoin. Simply answering this https://twitter.com/KuCoinUpdates/status/1068414148294381568
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit