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To: bak3r

“globally there are:
- 0.385toz silver per person with low production
- 0.0027 BTC per person with near zero production, and production cap of 21,000,000 total coins.
- 2628 USD per person, but who really knows with that one and quite a bit of production recently
- $6000 USD per person in total fiats conservatively, with corona printing I am unable to locate any real source as to much how much there really is. extrapolation for USA, CAD, and EU would be closer to $8000usd equivalent.”

Very good points. I will add that there are only 0.0007 original run Beanie Babies per person on the planet. Good to hear my aunt’s retirement is set.


24 posted on 05/24/2021 9:01:11 AM PDT by Renfrew
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To: Renfrew

Agreed. Rarity does not exactly equate to value, but is one of the fundamentals of a good currency. A larger consensus of “value” is required. However in monetary schemes, increasing the supply of anything has never also increased value per unit.


32 posted on 05/24/2021 9:15:53 AM PDT by bak3r
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