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Cryptocurrency news and alerts by ResoNova.com
Nostr and LN
https://www.reddit.com/r/Bitcoin/comments/1g07i1a/nostr_and_ln/
<!-- SC_OFF -->Hey all Thoughts on Nostr is this a game changer in social media or just noise with Bitcoin LN integration? Being not controlled or centralised would have to be a good thing? <!-- SC_ON --> submitted by /u/User_21000000 (https://www.reddit.com/user/User_21000000)
[link] (https://www.reddit.com/r/Bitcoin/comments/1g07i1a/nostr_and_ln/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1g07i1a/nostr_and_ln/)
Milton Friedman: "Inflation is made in Washington because only Washington can create money... What produces it is too much government spending and too much government creation of money and nothing else."
https://www.reddit.com/r/Bitcoin/comments/1g06w77/milton_friedman_inflation_is_made_in_washington/
Crypto.com Lawsuit Accuses SEC Of Overstepping Legal Boundaries - TronWeekly
https://news.google.com/rss/articles/CBMif0FVX3lxTFBtR0M1VjJ4WGRwMWFnTkZPX1ltOWhQSDR5dmJ6d3g3cFh4WW9PMVA3SkFlcmtfT0hKVzdaeUdFMFFDbVJYblluQ1JiRmwzNmpmSXlYZl9XTE5wRmpnVmpkU2sydEVlNklnU2xFZEF3TGV2d1dWdWF2b0FjT2RZTWc?oc=5
Crypto.com Lawsuit Accuses SEC Of Overstepping Legal Boundaries (https://news.google.com/rss/articles/CBMif0FVX3lxTFBtR0M1VjJ4WGRwMWFnTkZPX1ltOWhQSDR5dmJ6d3g3cFh4WW9PMVA3SkFlcmtfT0hKVzdaeUdFMFFDbVJYblluQ1JiRmwzNmpmSXlYZl9XTE5wRmpnVmpkU2sydEVlNklnU2xFZEF3TGV2d1dWdWF2b0FjT2RZTWc?oc=5) TronWeekly
How much is enough?
https://www.reddit.com/r/Bitcoin/comments/1g01cid/how_much_is_enough/
<!-- SC_OFF -->Hi yall ive been stacking some sats for a bit now and Ive been wondering when I should start diversifying my Portfolio. Im currently 100% in Bitcoin but once I reach a certain Milestone im thinking of halving my contributions to my stack and start a second Investment into the Mscii World index fonds. Is that a stupid thing to do? <!-- SC_ON --> submitted by /u/FrozenKalle (https://www.reddit.com/user/FrozenKalle)
[link] (https://www.reddit.com/r/Bitcoin/comments/1g01cid/how_much_is_enough/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1g01cid/how_much_is_enough/)
The Hyperinflation Warning Signs JUST Got Worse!
https://www.reddit.com/r/Bitcoin/comments/1g01btx/the_hyperinflation_warning_signs_just_got_worse/
In the future when BTC is worth $1-10M a coin, how expensive will everything else be?
https://www.reddit.com/r/Bitcoin/comments/1fzzzsh/in_the_future_when_btc_is_worth_110m_a_coin_how/
<!-- SC_OFF -->Asking for extrapoliation, as I asked ChatGPT how much would you have to have in 20 years to equal 100k now and it said like 150k which i felt was supremely undervalued. Perhaps I could have written the prompt more precisely, however I feel any AI prompt will go off official numbers which always seem to not tell the whole story. So I'll go and ask the community, how much do you see everything else worth when BTC has skyrocketed, or at least climbed steadily in value compared to everything else? <!-- SC_ON --> submitted by /u/A_Stones_throw (https://www.reddit.com/user/A_Stones_throw)
[link] (https://www.reddit.com/r/Bitcoin/comments/1fzzzsh/in_the_future_when_btc_is_worth_110m_a_coin_how/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1fzzzsh/in_the_future_when_btc_is_worth_110m_a_coin_how/)
New Zealand stock exchange to list Bitcoin ETF
https://www.reddit.com/r/Bitcoin/comments/1fzzoi9/new_zealand_stock_exchange_to_list_bitcoin_etf/
submitted by /u/sneakingflea (https://www.reddit.com/user/sneakingflea)
[link] (https://v.redd.it/jvdx2ifgirtd1) [comments] (https://www.reddit.com/r/Bitcoin/comments/1fzwfw9/when_your_portfolio_is_99_bitcoin_and_your/)
Any thoughts after watching the MAX documentary: Money Electric The Bitcoin Mystery
https://www.reddit.com/r/Bitcoin/comments/1fzvaoh/any_thoughts_after_watching_the_max_documentary/
<!-- SC_OFF -->Any thoughts after watching the MAX documentary: Money Electric The Bitcoin Mystery ? I think the MAX documentary did a pretty good job explaining the origin and backstory of how bitcoin came about and even explaining their take on who they thought Satoshi is but many are saying they got who they claim Satoshi is wrong. The doc claims Satoshi Nakamoto is Peter Todd, but Peter has denied he is Satoshi and it seems over all most bitcoiners aren't buying its him either or don't really care. What do you guys think? <!-- SC_ON --> submitted by /u/MrCharmingMan (https://www.reddit.com/user/MrCharmingMan)
[link] (https://www.reddit.com/r/Bitcoin/comments/1fzvaoh/any_thoughts_after_watching_the_max_documentary/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1fzvaoh/any_thoughts_after_watching_the_max_documentary/)
Gary Gensler grilled by law students and former SEC commissioner over his stance on regulating crypto - The Block
https://news.google.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?oc=5
Gary Gensler grilled by law students and former SEC commissioner over his stance on regulating crypto (https://news.google.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?oc=5) The Block
Crypto.com Files Lawsuit Against SEC After Receiving Wells Notice - - 99Bitcoins
https://news.google.com/rss/articles/CBMimgFBVV95cUxOQjRjQTEwSWJYTF91dmtJc2VrVDh4c21ERWtKQ2NLOUpOeVQ1SXpDMC01ek9GTzlOaW8zbXV0ekNDWkF0SkRIWGEycGFBUWxWck16YldPTUNHa3NlYXZVWGEyeEdNdkd4OWFWbFl2bHZvVXBiVTA3a25temVObVgyYkRiRGlSeVlBdVZxT0pQNkVPakdqbHBHaGZB?oc=5
Crypto.com Files Lawsuit Against SEC After Receiving Wells Notice - (https://news.google.com/rss/articles/CBMimgFBVV95cUxOQjRjQTEwSWJYTF91dmtJc2VrVDh4c21ERWtKQ2NLOUpOeVQ1SXpDMC01ek9GTzlOaW8zbXV0ekNDWkF0SkRIWGEycGFBUWxWck16YldPTUNHa3NlYXZVWGEyeEdNdkd4OWFWbFl2bHZvVXBiVTA3a25temVObVgyYkRiRGlSeVlBdVZxT0pQNkVPakdqbHBHaGZB?oc=5) 99Bitcoins
Who is Dan Gallagher — Potential Head of SEC - crypto.news
https://news.google.com/rss/articles/CBMiakFVX3lxTE80S3BjMnFuRDZIeXUyRl9wdEhxZFVYU3E2TXFXZXRZUHpUaGdEaXNPQ3ctSTRWaDYxaG15c0pSV0c2eGlMNWxEWXJ2RUJLNlpSUmF2SmdtbEpGX0hBN3hOV3g5TGV0U2ZhV3c?oc=5
Who is Dan Gallagher — Potential Head of SEC (https://news.google.com/rss/articles/CBMiakFVX3lxTE80S3BjMnFuRDZIeXUyRl9wdEhxZFVYU3E2TXFXZXRZUHpUaGdEaXNPQ3ctSTRWaDYxaG15c0pSV0c2eGlMNWxEWXJ2RUJLNlpSUmF2SmdtbEpGX0hBN3hOV3g5TGV0U2ZhV3c?oc=5) crypto.news
Daily Discussion, October 09, 2024
https://www.reddit.com/r/Bitcoin/comments/1fzksss/daily_discussion_october_09_2024/
<!-- SC_OFF -->Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new (https://www.reddit.com/r/Bitcoin/new) which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Please check the previous discussion thread (https://www.reddit.com/r/Bitcoin/comments/1fyt1eb/daily_discussion_october_08_2024/) for unanswered questions. <!-- SC_ON --> submitted by /u/rBitcoinMod (https://www.reddit.com/user/rBitcoinMod)
[link] (https://www.reddit.com/r/Bitcoin/comments/1fzksss/daily_discussion_october_09_2024/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1fzksss/daily_discussion_october_09_2024/)
submitted by /u/Lewrid_vest (https://www.reddit.com/user/Lewrid_vest)
[link] (https://i.redd.it/sfpz7tswsntd1.jpeg) [comments] (https://www.reddit.com/r/Bitcoin/comments/1fzjhmt/found_this_in_a_thrift_store_years_ago_and_forgot/)
Why not Peter Todd?
https://www.reddit.com/r/Bitcoin/comments/1fzi657/why_not_peter_todd/
<!-- SC_OFF -->Peter Todd, a well-known Bitcoin developer and cryptographer, isn’t Satoshi Nakamoto for a few reasons, even though some people have speculated. Here’s a few key points: 1. Peter Todd’s timeline: Todd got involved in the Bitcoin community around 2011, which is after Satoshi had already disappeared (Satoshi stopped being active in 2010). Todd himself has confirmed this timeline and never claimed to be involved in creating Bitcoin. 2. Different communication styles: Satoshi’s writing style and approach to Bitcoin’s design is different from Todd’s. Satoshi was really focused on decentralization, while Todd has been more involved in discussions about improving Bitcoin’s privacy and scalability, but from a more pragmatic standpoint. 3. Public statements: Todd has always denied being Satoshi and said that it wouldn’t make sense for him to hide his identity if he was, considering how open he’s been in the Bitcoin world. 4. Technical focus: While both are skilled in cryptography, Todd’s work has mainly focused on specific improvements to Bitcoin, like time-stamping services and fixing transaction malleability, rather than creating the network itself. These factors, along with what Todd has said himself, makes it clear he isn’t Satoshi Nakamoto. <!-- SC_ON --> submitted by /u/User_21000000 (https://www.reddit.com/user/User_21000000)
[link] (https://www.reddit.com/r/Bitcoin/comments/1fzi657/why_not_peter_todd/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1fzi657/why_not_peter_todd/)
submitted by /u/BitCypher84 (https://www.reddit.com/user/BitCypher84)
[link] (https://v.redd.it/4ixi7fo6tttd1) [comments] (https://www.reddit.com/r/Bitcoin/comments/1g06w77/milton_friedman_inflation_is_made_in_washington/)
SEC Chair Addresses Cryptocurrency Regulation and Challenges: Guest Post by COINTURK NEWS - CoinMarketCap
https://news.google.com/rss/articles/CBMieEFVX3lxTE1QME80RjJSZDQza3JkMjRDaVVQd3Y0QVRtZUZNbVZrTGFKQk93QTRTelNrRVpzd3d6dWtkRy13dkxFODlNdzFJU19yTHQwaDlFU2J5VXc1eGVtVDFJRnE3UzlPcjAwLTBJSjhtdlZYOFA1TlRPYmVaZA?oc=5
SEC Chair Addresses Cryptocurrency Regulation and Challenges: Guest Post by COINTURK NEWS (https://news.google.com/rss/articles/CBMieEFVX3lxTE1QME80RjJSZDQza3JkMjRDaVVQd3Y0QVRtZUZNbVZrTGFKQk93QTRTelNrRVpzd3d6dWtkRy13dkxFODlNdzFJU19yTHQwaDlFU2J5VXc1eGVtVDFJRnE3UzlPcjAwLTBJSjhtdlZYOFA1TlRPYmVaZA?oc=5) CoinMarketCap
Why it falls everytime I buy?
https://www.reddit.com/r/Bitcoin/comments/1g023ms/why_it_falls_everytime_i_buy/
<!-- SC_OFF -->For real, this is getting ridiculous, every time I buy btc it goes strait to oblivion, it's math. Does anyone else experience this guaranteed to drop fenomenon? <!-- SC_ON --> submitted by /u/GoldanReal (https://www.reddit.com/user/GoldanReal)
[link] (https://www.reddit.com/r/Bitcoin/comments/1g023ms/why_it_falls_everytime_i_buy/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1g023ms/why_it_falls_everytime_i_buy/)
submitted by /u/Fit_Rooster2702 (https://www.reddit.com/user/Fit_Rooster2702)
[link] (https://youtu.be/ONgjSwQKK9A?si=3TFfWcApVjVrb9S8) [comments] (https://www.reddit.com/r/Bitcoin/comments/1g01btx/the_hyperinflation_warning_signs_just_got_worse/)
I could have bought bitcoin in 2013 and I regret BIG TIME
https://www.reddit.com/r/Bitcoin/comments/1g0011f/i_could_have_bought_bitcoin_in_2013_and_i_regret/
<!-- SC_OFF -->I still have the mtgox account creation e-mail dated 12 feb 2013, I wanted to buy bitcoin and transfer them to my bitcoin core wallet that was taking 60-80gb of hard drive space. But the website looked like a piracy website to me so I didn't trust it I thought my money would be gone. My only other option was to buy some second life videogame currency and convert them to bitcoin? But again the website looked like a 90's notepad written HTML page and it was 2013, so I thought it was a scam too. Looking back not transferring funds to mtgox was a wise choice, but I regret abandoning afterwards and not looking harder for ways to buy bitcoin. I really wanted bitcoin just to have an amount in my core wallet lol. I think I would have sold 50% in 2017 when it was at 10'000$ as I had already told myself back then if I was ever going to get bitcoins: "I aint selling or using any of this unless it reaches 10'000$ and I will ALWAYS keep a stash." My life would be significantly different now though if I had kept my treasure hunt going. Big regret that I think of everyday.. <!-- SC_ON --> submitted by /u/BogdanLester (https://www.reddit.com/user/BogdanLester)
[link] (https://www.reddit.com/r/Bitcoin/comments/1g0011f/i_could_have_bought_bitcoin_in_2013_and_i_regret/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1g0011f/i_could_have_bought_bitcoin_in_2013_and_i_regret/)
submitted by /u/Top-Reception-5061 (https://www.reddit.com/user/Top-Reception-5061)
[link] (https://businessdesk.co.nz/article/markets/nzx-main-board-to-get-bitcoin-etf) [comments] (https://www.reddit.com/r/Bitcoin/comments/1fzzoi9/new_zealand_stock_exchange_to_list_bitcoin_etf/)
Crypto.com Sues SEC Over Alleged Overreach in U.S. Digital Assets Regulation - Brave New Coin Insights
https://news.google.com/rss/articles/CBMirgFBVV95cUxQQ1BYZnVzZFZyWTlrR3YwblRTNmhCeHRZeTQzenNTSHduYTlJUVh2cmtTZXh3UWsyVGQ3akIxODIyZlJ2Rm14TVdKWVdoemh2TDJrQk41RWJyYXU0UU9LdGt4bXNVMHNSdEFsVTNzZmE4UTEwdlM1bndPOHdHZjczOENGMUhfajFUUnBTcjl3TUtXelFQRmE1RGROOF9odzdZb2haZmlXQkw0SlZyTXc?oc=5
Crypto.com Sues SEC Over Alleged Overreach in U.S. Digital Assets Regulation (https://news.google.com/rss/articles/CBMirgFBVV95cUxQQ1BYZnVzZFZyWTlrR3YwblRTNmhCeHRZeTQzenNTSHduYTlJUVh2cmtTZXh3UWsyVGQ3akIxODIyZlJ2Rm14TVdKWVdoemh2TDJrQk41RWJyYXU0UU9LdGt4bXNVMHNSdEFsVTNzZmE4UTEwdlM1bndPOHdHZjczOENGMUhfajFUUnBTcjl3TUtXelFQRmE1RGROOF9odzdZb2haZmlXQkw0SlZyTXc?oc=5) Brave New Coin Insights
When Your Portfolio is 99% Bitcoin and Your Financial Advisor Starts Sweating 💦
https://www.reddit.com/r/Bitcoin/comments/1fzwfw9/when_your_portfolio_is_99_bitcoin_and_your/
Could Gov't block conversion to FIAT in future?
https://www.reddit.com/r/Bitcoin/comments/1fztpw9/could_govt_block_conversion_to_fiat_in_future/
<!-- SC_OFF -->Newcomer to bitcoin here. I'm convinced about the utility and value of Bitcoin and the importance of HODLing but like any asset you need the ability to get in AND OUT of any asset for it to be adopted and be truly useful. For instance, I would never buy a stock or asset if I knew I was locked in for life or forbidden from selling no matter how lucrative it may be. My question is this, Can't the U.S. Government just block any exchange or customer trying to convert BTC to USD for example? What's to stop them from shutting down a RIVER or Strike or imposing a ridiculously low sell limit like 200 bucks a day or a week or something like that? I'm already hearing stories of people trying to cash out more than 10k of BTC and getting Flagged in the process (although to be fair this occurs with FIAT transactions as well). How would selling large amounts of BTC to fiat work? (tens of thousands or even hundreds of thousands of BTC in USD for example) I'm concerned about this. If anyone can assuage my fears that would be helpful and appreciated. Pardon my naïveté in advance. P.S. Please not PM me as I do not own anything. <!-- SC_ON --> submitted by /u/iwanttobehidden (https://www.reddit.com/user/iwanttobehidden)
[link] (https://www.reddit.com/r/Bitcoin/comments/1fztpw9/could_govt_block_conversion_to_fiat_in_future/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1fztpw9/could_govt_block_conversion_to_fiat_in_future/)
Exclusive: Anthony Scaramucci Criticizes Warren-Gensler “Hegemony” in US Crypto Regulation - Finance Magnates
https://news.google.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?oc=5
Exclusive: Anthony Scaramucci Criticizes Warren-Gensler “Hegemony” in US Crypto Regulation (https://news.google.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?oc=5) Finance Magnates
Crypto.com Sues SEC over Inconsistent Rules on Cryptocurrencies - Blockchain News
https://news.google.com/rss/articles/CBMiqgFBVV95cUxNNjlTZ2gyajBITDh6SW1FZzNZT3BPWGRFcFZUOUNSd2V0NDVrZ2dJLUFmZ0Z5V1NSUWxzN3U3VUxjSzBzb1BfS01rX2h4TjNyY2c5R0tYZ3ZFd3d5aXVnbWV2ZlN5cmNRS09iUE43Uk1Pb2ZQTGI1UWdlb0FFai05LWJGV1RhOHVmdDRZdnAtSzVCeXhSRVBpZU0yb0FaZU8xRVB2SmtLNmpRUQ?oc=5
Crypto.com Sues SEC over Inconsistent Rules on Cryptocurrencies (https://news.google.com/rss/articles/CBMiqgFBVV95cUxNNjlTZ2gyajBITDh6SW1FZzNZT3BPWGRFcFZUOUNSd2V0NDVrZ2dJLUFmZ0Z5V1NSUWxzN3U3VUxjSzBzb1BfS01rX2h4TjNyY2c5R0tYZ3ZFd3d5aXVnbWV2ZlN5cmNRS09iUE43Uk1Pb2ZQTGI1UWdlb0FFai05LWJGV1RhOHVmdDRZdnAtSzVCeXhSRVBpZU0yb0FaZU8xRVB2SmtLNmpRUQ?oc=5) Blockchain News
Crypto.com joins industry colleagues and sues the SEC of the USA - The Cryptonomist
https://news.google.com/rss/articles/CBMipgFBVV95cUxOeDZqYVdkZV9UVmR5Tk1SMUs1eElCZWhRbkVVZ0JYRTRhWmpYV2NOSHM1ZTRCbGNTZm9tOURPU1lBMlp3VGJEZ1JKU241bGNyTWJnY29IWGxlM0NreWI5X2h4djgybmVQdW82eU82NGlkMzUtUUttbEJuSjRoSzNSX3lMeTY4cDZwcHJvT2cxblM1Z2N4TnFYX0R1czdfX3FwWU04cUJR?oc=5
Crypto.com joins industry colleagues and sues the SEC of the USA (https://news.google.com/rss/articles/CBMipgFBVV95cUxOeDZqYVdkZV9UVmR5Tk1SMUs1eElCZWhRbkVVZ0JYRTRhWmpYV2NOSHM1ZTRCbGNTZm9tOURPU1lBMlp3VGJEZ1JKU241bGNyTWJnY29IWGxlM0NreWI5X2h4djgybmVQdW82eU82NGlkMzUtUUttbEJuSjRoSzNSX3lMeTY4cDZwcHJvT2cxblM1Z2N4TnFYX0R1czdfX3FwWU04cUJR?oc=5) The Cryptonomist
How much bitcoin to be in the 0.1% in the world?
https://www.reddit.com/r/Bitcoin/comments/1fzk9d9/how_much_bitcoin_to_be_in_the_01_in_the_world/
<!-- SC_OFF -->TLDR; According to GPT O1, assuming a Gaussian distribution, you need 0.0105 BTC to be in the top 0.1%. However, if we add other "more realistic" assumptions on distribution, you need 10 BTC to be in the top 0.1% -----Details below----- To determine how much Bitcoin you need to hold to be in the top 0.1%, 1%, and 10% of Bitcoin holders globally, we can model the distribution of Bitcoin holdings using a Gaussian (normal) distribution. Here's a comprehensive analysis based on the given assumptions: Assumptions Total Bitcoin Supply: 21,000,000 BTC World Population: 8,000,000,000 people Distribution Model: Gaussian (Normal) Distribution Calculating the Mean Holding First, calculate the average (mean) Bitcoin holding per person: Mean(μ)=Total Bitcoin/World Population=0.002625 BTC per person Determining the Standard Deviation In a Gaussian distribution, the mean and standard deviation (σ) define the spread of the data. However, the total Bitcoin supply constrains the distribution. For simplicity, we'll assume that the standard deviation is equal to the mean:σ=μ=0.002625 BTCσ=μ=0.002625 BTC Note: This is a simplification. In reality, Bitcoin holdings are likely more skewed, but for the purpose of this calculation, we proceed with this assumption. Calculating Bitcoin Holdings for Top Percentiles Using the properties of the normal distribution, we can determine the Bitcoin holdings required to be in the top 0.1%, 1%, and 10%. Top 0.1% Z-score for 99.9th Percentile: ≈ 3.09 Required Holdings: x=μ+zσ=0.002625+(3.09×0.002625)≈0.0105 BTC x=μ+zσ=0.002625+(3.09×0.002625)≈0.0105 BTC Top 1% Z-score for 99th Percentile: ≈ 2.326 Required Holdings: x=μ+zσ=0.002625+(2.326×0.002625)≈0.0087 BTC x=μ+zσ=0.002625+(2.326×0.002625)≈0.0087 BTC Top 10% Z-score for 90th Percentile: ≈ 1.282 Required Holdings: x=μ+zσ=0.002625+(1.282×0.002625)≈0.00599 BTC x=μ+zσ=0.002625+(1.282×0.002625)≈0.00599 BTC Summary of Required Bitcoin Holdings Top Percentile Z-score Bitcoin Needed Top 0.1% 3.09 ≈ 0.0105 BTC Top 1% 2.326 ≈ 0.0087 BTC Top 10% 1.282 ≈ 0.0060 BTC Conclusion Under the assumption of a Gaussian distribution of Bitcoin holdings across the global population: To be in the top 0.1%, you need to hold approximately 0.0105 BTC. To be in the top 1%, you need to hold approximately 0.0087 BTC. To be in the top 10%, you need to hold approximately 0.0060 BTC. A more realistic model: Given the skewed distribution, the Bitcoin needed to be in specific percentiles increases significantly compared to the Gaussian model. Top 0.1%: Estimated Holdings: ≈ 10 BTC Top 1%: Estimated Holdings: ≈ 1.133 BTC Top 10%: Estimated Holdings: ≈ 0.1 BTC <!-- SC_ON --> submitted by /u/Guiltydawn (https://www.reddit.com/user/Guiltydawn)
[link] (https://www.reddit.com/r/Bitcoin/comments/1fzk9d9/how_much_bitcoin_to_be_in_the_01_in_the_world/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1fzk9d9/how_much_bitcoin_to_be_in_the_01_in_the_world/)
Found this in a thrift store years ago and forgot about it!
https://www.reddit.com/r/Bitcoin/comments/1fzjhmt/found_this_in_a_thrift_store_years_ago_and_forgot/
submitted by /u/BtcKing1111 (https://www.reddit.com/user/BtcKing1111)
[link] (https://youtu.be/uMuXQJIfmLI) [comments] (https://www.reddit.com/r/Bitcoin/comments/1fzi4wm/how_central_banking_ruined_the_roman_empire_part/)
