22 SATS = 0.01$
A little more than 19 million BTC have been mined to date with only 2 million left to reach the maximum supply.
Of these 19 Million, 17.8 Million sleep peacefully in their respective "dormant" wallets.
It is very possible that a fraction of these have been lost forever, I would not know how to quantify it.
One thing is clear, very few people are available to sell their BITCOIN but to accumulate them until the end of time.
My obsession with accumulating satoshis, which I have practiced for a long time, has become the obsession of most actors in the crypto sphere.
Of the dozens of Bitcoin faucets that existed once, many have disappeared although some persist. I remember when I thought that all those faucets were just a distraction, now I value much more that some of them keep "giving" me sats...
Today, 22 sat is equal to 0.01$... we are very close to the conversion being 1 satoshi = 1 cent of $, at that time, there will be no more gifts.
The accumulation of Sats is going to turn into a fierce fight soon.
Until then keep staking.
@toofasteddie
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Yes, but this could be curse or a blessing.
Tge common public's reaction to those dormant BTC wallet is what determine the future of Bitcoin. I mean how can BTC can be adopted as a currency when most of it is not even accessible to use.
The blessing part is that when mass transition to crypto happens there is simply too little of Bitcoin available to trade or buy which would make people literally millions who hold 1 whole Bitcoin . Sound outrageous .? I think not .
How do I go about accumulating Satoshis?
😃, There are many options, Faucet is one of them...which I do not use so much but trading is for me the king method
I like your way of presenting and indicating Bitcoin is a valuable asset.
Some might still have nightmares that they lost their keys lol!