/biz/ - Business & Finance

Where will you be when several hundred thousand BTC suddenly flow into Chainlink?

>>25334725

>2 mil
>middle class

Delusional. Middle class and working class by definition must sell their labor to survive. The moment you stop doing that, you're part of the capitalist class.

>>25063669
Let's assume that someday BTC reaches 5% global wealth (for reference, gold is somewhere around 2.5%). Then, look at the global distribution of wealth (pic related).

Suicide Tier: < $10k
This represents 3% of wealth, and 71% of people.
21m * 3% = 630,000 BTC
7.53b * 71% = 5,346,300,000 people
On average 0.00011784 BTC per person if BTC was 100% of global wealth
Factoring in target of just 5% of global wealth:
>0.00235677 BTC or less, might as well end it

Wagecuck Lifer Tier: $10k - $100k
This represents 12.5% of wealth, and 21% of people.
Go through the same calculations as above.
>0.03320053 BTC and you'll only have to work until you're 65

Comfortable Wagie Tier: $100k - $1m
This represents 39.4% of wealth, and 7.4% of people.
>0.29697427 BTC for a content, middle-class working life

Hookers & Blow Tier: $1m - $5m
This represents 26.6% of wealth, and 0.63% of people
>2.4 BTC and you're in a good place. Still need to work, but you can probably retire in 10 years, or blow it all in Phuket

Truly Made It Tier: $5m - $1b
This represents 15.8% of wealth, and 0.069965% of people
>12.6 BTC or more and you will officially make it. Enough to be a NEET for the rest of your life

Ascended Tier: > $1b
This represents 2.8% of wealth, and 0.000035% of people
>4462 BTC to challenge the gods

There are of course circumstances which could sway these numbers higher or lower. For example 5% of global wealth is very optimistic. But on the other hand it's estimated that 4 million BTC are lost forever, increasing scarcity.

Let's assume that someday BTC reaches 5% global wealth (for reference, gold is somewhere around 2.5%). Then, look at the global distribution of wealth (pic related).

Suicide Tier: < $10k
This represents 3% of wealth, and 71% of people.
21m * 3% = 630,000 BTC
7.53b * 71% = 5,346,300,000 people
On average 0.00011784 BTC per person if BTC was 100% of global wealth
Factoring in target of just 5% of global wealth:
>0.00235677 BTC or less, might as well end it

Wagecuck Lifer Tier: $10k - $100k
This represents 12.5% of wealth, and 21% of people.
Go through the same calculations as above.
>0.03320053 BTC and you'll only have to work until you're 65

Comfortable Wagie Tier: $100k - $1m
This represents 39.4% of wealth, and 7.4% of people.
>0.29697427 BTC for a content, middle-class working life

Hookers & Blow Tier: $1m - $5m
This represents 26.6% of wealth, and 0.63% of people
>2.4 BTC and you're in a good place. Still need to work, but you can probably retire in 10 years, or blow it all in Phuket

Truly Made It Tier: $5m - $1b
This represents 15.8% of wealth, and 0.069965% of people
>12.6 BTC or more and you will officially make it. Enough to be a NEET for the rest of your life

Ascended Tier: > $1b
This represents 2.8% of wealth, and 0.000035% of people
>4462 BTC to challenge the gods

There are of course circumstances which could sway these numbers higher or lower. For example 5% of global wealth is very optimistic. But on the other hand it's estimated that 4 million BTC are lost forever, increasing scarcity.

Let's assume that someday BTC reaches 5% global wealth (for reference, gold is somewhere around 2.5%). Then, look at the global distribution of wealth (pic related).

Suicide Tier: < $10k
This represents 3% of wealth, and 71% of people.
21m * 3% = 630,000 BTC
7.53b * 71% = 5,346,300,000 people
On average 0.00011784 BTC per person if BTC was 100% of global wealth
Factoring in target of just 5% of global wealth:
>0.00235677 BTC or less, might as well end it

Wagecuck Lifer Tier: $10k - $100k
This represents 12.5% of wealth, and 21% of people.
Go through the same calculations as above.
>0.03320053 BTC and you'll only have to work until you're 65

Comfortable Wagie Tier: $100k - $1m
This represents 39.4% of wealth, and 7.4% of people.
>0.29697427 BTC for a content, middle-class working life

Hookers & Blow Tier: $1m - $5m
This represents 26.6% of wealth, and 0.63% of people
>2.4 BTC and you're in a good place. Still need to work, but you can probably retire in 10 years, or blow it all in Phuket

Truly Made It Tier: $5m - $1b
This represents 15.8% of wealth, and 0.069965% of people
>12.6 BTC or more and you will officially make it. Enough to be a NEET for the rest of your life

Ascended Tier: > $1b
This represents 2.8% of wealth, and 0.000035% of people
>4462 BTC to challenge the gods

There are of course circumstances which could sway these numbers higher or lower. For example 5% of global wealth is very optimistic. But on the other hand it's estimated that 4 million BTC are lost forever, increasing scarcity.

>>15316501
Depends on how you define making it. A good baseline to take is the current global distribution of wealth (pic related). For the sake of argument, let's assume that someday BTC reaches 5% global wealth (for reference, gold is somewhere around 2.5%).

Suicide Tier: < $10k
This represents 3% of wealth, and 71% of people.
21m * 3% = 630,000 BTC
7.53b * 71% = 5,346,300,000 people
On average 0.00011784 BTC per person if BTC was 100% of global wealth
Factoring in target of just 5% of global wealth:
>0.00235677 BTC or less, might as well end it

Wagecuck Lifer Tier: $10k - $100k
This represents 12.5% of wealth, and 21% of people.
Go through the same calculations as above.
>0.03320053 BTC and you'll only have to work until you're 65

Comfortable Wagie Tier: $100k - $1m
This represents 39.4% of wealth, and 7.4% of people.
>0.29697427 BTC for a content, middle-class working life

Hookers & Blow Tier: $1m - $5m
This represents 26.6% of wealth, and 0.63% of people
>2.4 BTC and you're in a good place. Still need to work, but you can probably retire in 10 years, or blow it all in Phuket

Truly Made It Tier: $5m - $1b
This represents 15.8% of wealth, and 0.069965% of people
>12.6 BTC or more and you will officially make it. Enough to be a NEET for the rest of your life

Ascended Tier: > $1b
This represents 2.8% of wealth, and 0.000035% of people
>4462 BTC to challenge the gods

There are of course circumstances which could sway these numbers higher or lower. For example 5% of global wealth is very optimistic. But on the other hand it's estimated that 4 million BTC are lost forever, increasing scarcity.

Let's assume that someday BTC reaches 5% global wealth (for reference, gold is somewhere around 2.5%). Then, look at the global distribution of wealth (pic related).

Suicide Tier: < $10k
This represents 3% of wealth, and 71% of people.
21m * 3% = 630,000 BTC
7.53b * 71% = 5,346,300,000 people
On average 0.00011784 BTC per person if BTC was 100% of global wealth
Factoring in target of just 5% of global wealth:
>0.00235677 BTC or less, might as well end it

Wagecuck Lifer Tier: $10k - $100k
This represents 12.5% of wealth, and 21% of people.
Go through the same calculations as above.
>0.03320053 BTC and you'll only have to work until you're 65

Comfortable Wagie Tier: $100k - $1m
This represents 39.4% of wealth, and 7.4% of people.
>0.29697427 BTC for a content, middle-class working life

Hookers & Blow Tier: $1m - $5m
This represents 26.6% of wealth, and 0.63% of people
>2.4 BTC and you're in a good place. Still need to work, but you can probably retire in 10 years, or blow it all in Phuket

Truly Made It Tier: $5m - $1b
This represents 15.8% of wealth, and 0.069965% of people
>12.6 BTC or more and you will officially make it. Enough to be a NEET for the rest of your life

Ascended Tier: > $1b
This represents 2.8% of wealth, and 0.000035% of people
>4462 BTC to challenge the gods

There are of course circumstances which could sway these numbers higher or lower. For example 5% of global wealth is very optimistic. But on the other hand it's estimated that 4 million BTC are lost forever, increasing scarcity.

Let's assume that someday BTC reaches 5% global wealth (for reference, gold is somewhere around 2.5%). Then, look at the global distribution of wealth.

Suicide Tier: < $10k
This represents 3% of wealth, and 71% of people.
21m * 3% = 630,000 BTC
7.53b * 71% = 5,346,300,000 people
On average 0.00011784 BTC per person if BTC was 100% of global wealth
Factoring in target of just 5% of global wealth:
>0.00235677 BTC or less, might as well end it

Wagecuck Lifer Tier: $10k - $100k
This represents 12.5% of wealth, and 21% of people.
Go through the same calculations as above.
>0.03320053 BTC and you'll only have to work until you're 65

Comfortable Wagie Tier: $100k - $1m
This represents 39.4% of wealth, and 7.4% of people.
>0.29697427 BTC for a content, middle-class working life

Hookers & Blow Tier: $1m - $5m
This represents 26.6% of wealth, and 0.63% of people
>2.4 BTC and you're in a good place. Still need to work, but you can probably retire in 10 years, or blow it all in Phuket

Truly Made It Tier: $5m - $1b
This represents 15.8% of wealth, and 0.069965% of people
>12.6 BTC or more and you will officially make it. Enough to be a NEET for the rest of your life

Ascended Tier: > $1b
This represents 2.8% of wealth, and 0.000035% of people
>4462 BTC to challenge the gods

There are of course circumstances which could sway these numbers higher or lower. For example 5% of global wealth is very optimistic. But on the other hand it's estimated that 4 million BTC are lost forever, increasing scarcity.

Look at the global distribution of wealth. Let's assume that someday BTC reaches 5% global wealth (for reference, gold is somewhere around 2.5%).

Suicide Tier: < $10k
This represents 3% of wealth, and 71% of people.
21m * 3% = 630,000 BTC
7.53b * 71% = 5,346,300,000 people
On average 0.00011784 BTC per person if BTC was 100% of global wealth
Factoring in target of just 5% of global wealth:
>0.00235677 BTC or less, might as well end it

Wagecuck Lifer Tier: $10k - $100k
This represents 12.5% of wealth, and 21% of people.
Go through the same calculations as above.
>0.03320053 BTC and you'll only have to work until you're 65

Comfortable Wagie Tier: $100k - $1m
This represents 39.4% of wealth, and 7.4% of people.
>0.29697427 BTC for a content, middle-class working life

Hookers & Blow Tier: $1m - $5m
This represents 26.6% of wealth, and 0.63% of people
>2.4 BTC and you're in a good place. Still need to work, but you can probably retire in 10 years, or blow it all in Phuket

Truly Made It Tier: $5m - $1b
This represents 15.8% of wealth, and 0.069965% of people
>12.6 BTC or more and you will officially make it. Enough to be a NEET for the rest of your life

Ascended Tier: > $1b
This represents 2.8% of wealth, and 0.000035% of people
>4462 BTC to challenge the gods

There are circumstances which could sway these numbers higher or lower. For example 5% of global wealth is very optimistic. But on the other hand it's estimated that 4 million BTC are lost forever, increasing scarcity.