Thursday, March 11, 2021

21 XMR Club

(Disclaimer: This post is about cryptocurrency culture and current events and not necessarily about price.)

Early on in the Bitcoin community's infancy on the Bitcointalk forum, there was talk of having at least 21 bitcoin. This would mean that you would be part of the group of one million people who own at least 21 BTC.

Well its come to fruition now, that if you owned at least 21 BTC you would be a millionaire, and this took about ten years.

With the state of governments now printing an enormous amount of fiat (money printer go Brrrrrrrrrrrrrr), owning an asset with a known limit or rate is of paramount importance to your financial future. Cryptocurrency is more rare and, in XMR's case, fungible than any store of value that mankind knows of at this time to my knowledge.

By 2041 XMR supply will be very close to BTC supply, therefore I think 21 XMR is a valid goal to achieve for the average cryptocurrency enthusiast. It is also important to note that currently the XMR inflation rate is less than BTC and will continue that way until ~2040.

As an aside there was also a "Vladimir's Club" on the Bitcointalk forum in which he recommended to own 2100 BTC. Yeah, you can see where people who own that many are at now!

I would recommend if you are reading this, to obtain at least 21 XMR.

Money as decentralized information is the future. Do you want to join the club?


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