Oddbean new post about | logout
 You can’t be late to #bitcoin, but right now you’re extremely early:
- $450T in global-store-of-value
- BTC market cap: $1.4T

Current adoption: $1.4T/$450T=0.31% 
 Hey the ETFs already own 5% of #Bitcoin supply, it's only taken them 3 months, they could capture 20% of total supply by years end. And 33% is estimated lost forever.