Saturday 6 October 2018

If the USD continues to expand at its current decade-long pace there will be more US cents than Satoshis within the next ten years.


Currently there are about $0.008 of US M2 money stock per Sat (~$14,000,000,000,000 / 1,700,000,000,000,000 Sats)If the US M2 stock continues to expand at around 6%/yr like it has for the past decade we should achieve 1 US cent per Sat within the next ten years, with my current estimate falling just before the halvening-after-next that occurs in 2025/2026.Current monetary inflation rates for each are USD ~6% / Sats ~4%.Here is a chart of US M2 money stock growth since 1980, provided by the Federal Reserve Bank of St. Louis.http://bit.ly/2PftRCX via /r/Bitcoin http://bit.ly/2OM1jEo

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