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RE: Owning 1 Bitcoin will make you part of the 1% of the World's wealthiest ($228.6 Million Dollars)

in #bitcoin7 years ago (edited)

Nice article however your math is wrong. if you take 1% of $600 trillion that is $6 trillion then divide that by the 21 million coins and you would get a cost per coin of $285,714 which is still a pretty nice figure

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You are right. I forgot to state the 4 quadrillion of global derivative debt. Thanks for your reply!