if inflation in the base money supply increase on average 9%, and a thirty year bond is at 3%, ChatGPT calcs (which might be wrong, I dunno):
Sure, let's recalculate using a final price for Bitcoin in 30 years of $10 million:
Given:
- \( P = \$70,000 \) (current value of Bitcoin),
- \( A = \$10,000,000 \) (final value of Bitcoin in 30 years),
- \( n = 30 \) years.
We need to solve for the CAGR (\( r \)) using the formula:
\[ A = P \times (1 + r)^n \]
We rearrange this formula to solve for \( r \):
\[ r = \left( \frac{A}{P} \right)^{\frac{1}{n}} - 1 \]
Let's plug in the values:
\[ r = \left( \frac{10,000,000}{70,000} \right)^{\frac{1}{30}} - 1 \]
\[ r = (142.857)^{\frac{1}{30}} - 1 \]
\[ r \approx 1.1034 - 1 \]
\[ r \approx 0.1034 \]
So, the CAGR (\( r \)) is approximately 10.34%.
Now, let's recalculate the offset needed to counter the debasement caused by the 9% inflation scenario:
\[ Offset = A - \text{Treasury Bond Value} \]
\[ Offset = 10,000,000 \times 18,100,000 - 1,000,000,000 \]
\[ Offset = 181,000,000,000 - 1,000,000,000 \]
\[ Offset = 180,000,000,000 \]
So, approximately \$180 billion worth of Bitcoin at \$70,000 per coin would be needed to offset the debasement caused by the 9% inflation scenario over the 30-year period with a final price of Bitcoin of $10 million.
So, 2,571 Bitcoins approximately
shame they'd have to do some work to get that much........
Full Nettle Bitch / FullNettleBitch
npub1a9…cl8fe
2024-03-30 05:45:24
in reply to nevent1q…69my
Author Public Key
npub1a9etqcyffnlnawayh6fz6a3f34twtwppc7vfnh7hedns48ktrgpqtcl8fePublished at
2024-03-30 05:45:24Event JSON
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"content": "if inflation in the base money supply increase on average 9%, and a thirty year bond is at 3%, ChatGPT calcs (which might be wrong, I dunno):\n\nSure, let's recalculate using a final price for Bitcoin in 30 years of $10 million:\n\nGiven:\n- \\( P = \\$70,000 \\) (current value of Bitcoin),\n- \\( A = \\$10,000,000 \\) (final value of Bitcoin in 30 years),\n- \\( n = 30 \\) years.\n\nWe need to solve for the CAGR (\\( r \\)) using the formula:\n\n\\[ A = P \\times (1 + r)^n \\]\n\nWe rearrange this formula to solve for \\( r \\):\n\n\\[ r = \\left( \\frac{A}{P} \\right)^{\\frac{1}{n}} - 1 \\]\n\nLet's plug in the values:\n\n\\[ r = \\left( \\frac{10,000,000}{70,000} \\right)^{\\frac{1}{30}} - 1 \\]\n\n\\[ r = (142.857)^{\\frac{1}{30}} - 1 \\]\n\n\\[ r \\approx 1.1034 - 1 \\]\n\n\\[ r \\approx 0.1034 \\]\n\nSo, the CAGR (\\( r \\)) is approximately 10.34%.\n\nNow, let's recalculate the offset needed to counter the debasement caused by the 9% inflation scenario:\n\n\\[ Offset = A - \\text{Treasury Bond Value} \\]\n\n\\[ Offset = 10,000,000 \\times 18,100,000 - 1,000,000,000 \\]\n\n\\[ Offset = 181,000,000,000 - 1,000,000,000 \\]\n\n\\[ Offset = 180,000,000,000 \\]\n\nSo, approximately \\$180 billion worth of Bitcoin at \\$70,000 per coin would be needed to offset the debasement caused by the 9% inflation scenario over the 30-year period with a final price of Bitcoin of $10 million.\n\n\nSo, 2,571 Bitcoins approximately\n\nshame they'd have to do some work to get that much........",
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