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🔴 If you still think bitcoin is scarce, you're suffering from fiat brain 🔊 The Truth About Bitcoin Scarcity 🚨Don't fall for the myth! Despite its capped supply of 21 million BTC, Bitcoin isn't truly scarce. Here's why 🔹 Divisibility ♨️ Each Bitcoin can be divided into 100 million satoshis (sats), making it incredibly divisible compared to traditional currencies like the dollar. 🔹 Quadrillions of Sats ♨️ With over 1.968 quadrillion sats currently and an estimated 2.1 quadrillion by 2140, Bitcoin's supply dwarfs that of traditional currencies. 🔹 Comparison with Fiat ♨️ The base money supply of the US dollar is less than $5.9 trillion, while Bitcoin boasts quadrillions of sats. 🔹 Accessible to Many ♨️ While only 21 million people can own one whole Bitcoin, there are 53 million Bitcoin addresses with at least one satoshi, making it accessible to millions. 🔹Reimagining Value ♨️ Consider pricing Bitcoin in sats rather than whole coins to truly understand its abundance. Don't let the upcoming halving eclipse the reality of Bitcoin's true scarcity. It's time to rethink how we perceive value in the crypto world! Follow me because I keep bringing information useful to you and you can also give me a tip to support my work. #BTC #Cryptocurrency #bitcoin #ETH #USDT --- @vikasjangracrypto

🔴 If you still think bitcoin is scarce, you're suffering from fiat brain 🔊

The Truth About Bitcoin Scarcity

🚨Don't fall for the myth! Despite its capped supply of 21 million BTC, Bitcoin isn't truly scarce. Here's why

🔹 Divisibility ♨️

Each Bitcoin can be divided into 100 million satoshis (sats), making it incredibly divisible compared to traditional currencies like the dollar.

🔹 Quadrillions of Sats ♨️

With over 1.968 quadrillion sats currently and an estimated 2.1 quadrillion by 2140, Bitcoin's supply dwarfs that of traditional currencies.

🔹 Comparison with Fiat ♨️

The base money supply of the US dollar is less than $5.9 trillion, while Bitcoin boasts quadrillions of sats.

🔹 Accessible to Many ♨️

While only 21 million people can own one whole Bitcoin, there are 53 million Bitcoin addresses with at least one satoshi, making it accessible to millions.

🔹Reimagining Value ♨️

Consider pricing Bitcoin in sats rather than whole coins to truly understand its abundance.

Don't let the upcoming halving eclipse the reality of Bitcoin's true scarcity. It's time to rethink how we perceive value in the crypto world!

Follow me because I keep bringing information useful to you and you can also give me a tip to support my work.

#BTC #Cryptocurrency #bitcoin #ETH #USDT

--- @VIKAS JANGRA

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Are Solana ETFs Next After Ethereum? Bloomberg Analyst Reveals His Expectations and Possible Obstacles! 🌟 After the recent approval of spot Bitcoin and Ethereum ETFs in the USA, investors are buzzing about which altcoin could be next. Leading the pack is Solana (SOL) 🔍 Bloomberg ETF Analyst James Seyffart** weighed in on the discussion. Responding to **Brian Kelly's** video on CNBC Fast Money, Seyffart believes: > "A Solana ETF would see the most demand compared to other altcoins (other than BTC and ETH)." However, he points out potential hurdles: ⚖️ The SEC currently classifies SOL as a *security* in lawsuits against major exchanges like Coinbase, Binance, and Kraken. This could complicate the approval process for Solana ETFs. ⏳ Seyffart suggests: > "Based on current precedent/needs, a Solana ETF would occur within a few years following the creation of a CFTC-regulated futures market. However, congressional and Market structure bills like FIT21 could make this happen faster." 📈 **The Future of Solana ETFs:** - **High Demand:** Solana ETFs are anticipated to attract significant interest. - **Regulatory Challenges:** The SEC's classification of SOL as a security could make the approval journey tough. - **Timeline:** Could range from a few years to sooner, depending on regulatory changes and market structures. Stay tuned for more updates on this exciting development! 🌐 *Disclaimer: This is not investment advice.* #Solana #SOLETF #ETFs #CryptoWatchMay2024 #Earnfreecrypto2024
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