Geopolitical Compass #44
The number of millionaires vs the number of Bitcoin.
Bitcoin scarcity in perspective.
Russia builds a bridge… quickly.
Lithuania’s admission of the obvious.
US debt rolls on, or over.
Some perspective on future wealth. There are more millionaires in the world than there are people that own one Bitcoin. A fact that can’t change.
59.4 million millionaires (and rising rapidly)
17 million available* Bitcoin and potential whole coiners (theoretically assuming even distribution, but realistically much less)
*Approximately: including Satoshi’s coins and known lost coins.
The number of millionaires and their rapidly rising ranks:
Owning one Bitcoin is currently still within reach for many, but the opportunity to join a group rarer than the world’s millionaires is a moving target that will get much harder in 2024.
Wall Street’s misunderstanding of Bitcoin has proved a massive opportunity for people that have taken the time to understand true scarcity and hard money, but that time is coming to an end with the upcoming US ETF launches.
As the ETF’s launch and start sucking up available Bitcoin supply into their structures (then trapped and controlled by Wall St), the opportunity to, and the cost of becoming a whole coiner will rise exponentially.
I’ll leave this weeks Bitcoin commentary with a few graphics.
🟢 🟢 🟢 🔴
Are you positioned for what’s coming?
As more headlines appear in Western nations about hollowed out manufacturing abilities and low arsenal levels:
Russia forces continue with production growth and improving their skills, setting up a railway pontoon in record time:
The West was counting on a completely different result in the conflict in Ukraine, admitted Lithuanian Prime Minister Ingrida Simonyte.
“It would not be wrong to say: in Ukraine we hoped for a completely different result than we have today,” she said in an interview with national state television and radio LRT. According to her, 2024 will be difficult both militarily and politically, and Western allies should “take into account that the scenario will not be the same as it was imagined when Ukraine began its offensive.”
This is what happens when you believe your own narrative of ‘Russia is weak’ instead of objectively assessing reality. Also known as FAFO.
Community Notes for the Win
Nothing to see here.
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