
Billy ₿oone
@thebillyboone • 10,148 subscribers
modern leverage = Bitcoin + AI + content Follow if you want to become a high-agency, antifragile, sovereign capitalist
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Everyone memorized 21 million. The number I'd study is 4,000. That is roughly the most transactions that fit in one Bitcoin block, and a block comes about every 10 minutes. Give 8 billion people one on-chain transaction each and the line takes 38 years to clear. So the coin supply is capped, and the room to move those coins is capped too. Miners are the ones who sell that room, one block at a time. Today fees are about 2% of what miners earn and the block subsidy is the other 98%. The subsidy gets cut in half every four years until it reaches zero. As it shrinks, blockspace becomes the product a miner has left to sell, with 8 billion people sharing 4,000 slots every 10 minutes.
Billy ₿oone11,689 Aufrufe • vor 10 Tagen

Everyone obsesses over 21 million Bitcoin. But they memorized the wrong number: 4,000. That's roughly the max transactions in a block. 8 billion people. One transaction each. 60 years to clear the queue. The coin supply tells you the price potential Blockspace tells you who can afford to move the real thing Miners execute the final settlement. Fees are a tiny slice of miner revenue today, and that math has to break eventually. When it does, blockspace becomes the new oil. and you're either pumping it or paying for it.
Billy ₿oone23,944 Aufrufe • vor 2 Monaten

The US military can't build a fighter jet without China. It imports enriched uranium from Russia for its nuclear program. So ask yourself: are we heading to World War 3... or is there an underlying initiative? The Simon Dixon thesis that will break your brain 🧵
Billy ₿oone34,667 Aufrufe • vor 7 Monaten

I found this amusing. My economics professor did not. Still early.
Billy ₿oone10,013 Aufrufe • vor 2 Jahren
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