Thread

Zero-JS Hypermedia Browser

Relays: 5
Replies: 10
Generated: 20:44:54
El Salvadorโ€™s Strategic Bitcoin Reserve (6024.18 BTC as of today) now amounts to roughly 0.00095000 BTC per capita based on its population of .~6,300,000. They continue to grow this per capita holding every single day. In order catch up to El Salvador's per capita BTC reserves, these countries would need to hold the following BTC in their own Strategic Bitcoin Reserves as of today (the vast majority havenโ€™t yet started an SBR). These numbers will continue to grow every day as El Salvador's per capita BTC holdings grow. ๐Ÿ‡ฎ๐Ÿ‡ณ 1,384,896 BTC ๐Ÿ‡จ๐Ÿ‡ณ 1,346,727 BTC ๐Ÿ‡บ๐Ÿ‡ธ 329,000 BTC ๐Ÿ‡ณ๐Ÿ‡ฌ 221,045 BTC ๐Ÿ‡ง๐Ÿ‡ท 201,809 BTC ๐Ÿ‡ท๐Ÿ‡บ 137,579 BTC ๐Ÿ‡ฒ๐Ÿ‡ฝ124,865 BTC ๐Ÿ‡ฏ๐Ÿ‡ต 117,237 BTC ๐Ÿ‡ฉ๐Ÿ‡ช 80,083 BTC ๐Ÿ‡ฌ๐Ÿ‡ง 65,889 BTC ๐Ÿ‡ฟ๐Ÿ‡ฆ 61,179 BTC ๐Ÿ‡ซ๐Ÿ‡ท 63,273 BTC ๐Ÿ‡จ๐Ÿ‡ฆ 37,950 BTC ๐Ÿ‡ฆ๐Ÿ‡บ 25,508 BTC ๐Ÿ‡จ๐Ÿ‡ญ 8,498 BTC There are only 21,000,000 BTC to be had...ever. Countries for whom the ๐Ÿ’ก goes on and realize that BTC is gradually becoming the base layer of the future global economy will be competing not only with each other for BTC, but with the world's 8 billion individuals, as well as companies, investment funds, unions, community organizations, and a myriad of other groups around the world. Sometimes the profound reality of "scarcity" can just smack you in the face. It is very likely that most, or possibly all of these very large (many very wealthy) countries will never possess the per capita wealth of El Salvador measured in BTC. It boggles the mind what this will mean in the future that is taking shape right now. Most importantly though, if YOU are reading this, it means that YOU have the possibility of holding your own BTC and doing so while the vast majority of national and sub-national governments, companies, and other groups are still asleep or have not learned enough about Bitcoin (BTC) to take it as seriously as they should (and will, eventually). The most beautiful thing about Bitcoin, I believe, is that almost everyone on the planet has the ability to hold it and use BTC. That includes youth in the most remote parts of the world, for example; individuals who are excluded from the wealth of the current world in so many ways. It is absolutely remarkable that as governments, companies, and other groups slowly begin to tune into the transformational value of Bitcoin, individuals have already been at this for 16 years. More than 55% of the total available supply of BTC right now -- roughly 19,800,000 BTC out of the 21M that will ever be available -- are held by individuals. This is power to the people in action. Let's keep it that way! Stack sats, stay humble. โœŠ๐Ÿงก image
2025-01-10 23:48:42 from 1 relay(s) 7 replies โ†“
Login to reply

Replies (10)

Yes, they do. However a) they custody seized BTC and have always intended to return or auction it off, pending court actions, and b) is therefore not a Strategic Bitcoin Reserve. The incoming Trump Admin may decide to claim and hold remaining BTC but this is to be confirmed.
2025-01-11 12:57:29 from 1 relay(s) โ†‘ Parent Reply
Something that would be interesting to find out is where do individuals holding BTC currently reside. As I keep saying, eventually every one holding significant amounts of BTC will have to make tough choices about the their country of residence, and make extensive and intelligent use of regulatory and juridisdictional arbitrage. As BTC grows in value vs fiat, the threshold for "significant amount" keeps getting lower, and most holders who right now can't see the benefit in moving countries to keep their BTC secure from predatory jurisdictions will find themselves having to ("I am nobody, they're not coming after my 0.1 B, and it's not worth moving to protect just 10 grand, either" vs "Well, that 0.1 B now buys me a house and a piece of land... am I surrendering it to the government, or letting them forcing me to liquidate to pay 'taxes'?"). For governments that are unable or unwilling to be in the first wave of State-actor adoption, there may be s significant incentive to change their regulatory environment to attract these holders, and vice versa, those countries that currently have the largest number of holders may want to keep them.
2025-01-11 13:36:21 from 1 relay(s) โ†‘ Parent Reply