With Bitcoin still so early on its adoption curve, it seems that convicted Bitcoiners need an orange pill of their own.
This is an opinion editorial by Austin Herbert, a producer for “The Mark Moss Show.”
How do I know that Bitcoiners suck at orange pilling? Well… we are at .01% penetration. That’s just one out of 10,000 people who have been convinced to become Bitcoiners.
Work done by @Croesus
Source
The specific number is arbitrary. It could be .01% or it could be a whopping .05% adoption rate. The point is, we are ridiculously early.
Here’s summary of what the .01% adoption rate means:
Croesus puts us at 250,000 Bitcoin Maximalists out there, defined by holding 50% of net worth in bitcoin. This is measured out of 2.2 billion total people. Why? Because he only accounts for people with $10,000-plus net worths. We are talking about storing our wealth in bitcoin, not measuring the medium-of-exchange network.
250,000 divided by 2.2 billion equals .01%.
“Everyon
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