Bitcoin wealth holders are growing, in numbers and in wealth! According to Henley & Partners‘s most recent report, these are the numbers: -85,400 fiat millionaires (1 year growth 112%) -156 centi-millionaires (1 year growth 100%) -11 billionaires (1 year growth 83%) The implications of #bitcoinaires supplanting today's fiat cantillonaires is something most people do not give enough thinking power to. With #Bitcoin increasing in price, much of what we take for granted today will change. This change will be driven by the ones arbitraging the understanding of Bitcoin's ascent. Here are a few thoughts: -Banking and financing landscape will change as financial institutions will increasingly align their products with the demands of bitcoiners. -Regulations will change in many different areas as bitcoiners will have the power to lobby successfully. Because of their influence (financially and culturally), politicians will increasingly suck up to bitcoiners. -Global Power dynamics will change as the influence of wealthy Bitcoiners will have geopolitical consequences across the spectrum of nations. -Money funding innovation will be channeled into the areas that are dearest and nearest to bitcoiners. Study their values and ethics to anticipate where this money is headed. -Architecture and sceneries are going to change in accordance with the long-term, low-time preferences of bitcoiners. -Wealth inequality between the top 0.1 % of bitcoiners and the recent will increase as information disseminates and information distribution is not equal, leaving too many Bitcoins for the ones stacking today! Would love to hear, what others think. Anecdotes and concrete examples showing us a glimpse of the future would be very much welcomed! Link to report:

Henley & Partners

Crypto Wealth Report 2024

The Crypto Wealth Report 2024 is Henley & Partners’ second annual publication for those following cryptocurrency, private wealth, and investment ...

I saw that I can set different sat ranges for zaps. However, if I zap, it has always just zapped the „first“ rate I set. How can I choose? Thx

Not sure who I can give props to for creating this image. However, I know exactly who to give props to for making non-inflatable money possible and making hodling worth my while! #satoshi #nakamoto

Since I am new to #nostr, I’d love to learn: -How to properly set up my nostr account? What are the tricks and tips? -How can I choose me relays for the most stable connection? Is it the more relays the better? -How do zaps work? How much sats is recommended to keep in one‘s Nostr wallet? -I have set up a @primal wallet, the one that‘s in-built. I guess that‘s custodial? How can I connect my own non-custodial lightning wallet? Does anyone wallet work? Probably not as I will need a “static” lightning address or LNURL, right? -Any other learnings you guys can share? Thanks🤝

Am I the first #banker to have joined #nostr? If so, don‘t worry. I come in peace. And for tumhe record: I do understand Bitcoin, I do hold my own keys, I do run my own node! And there will be more of us #Bitcoin #BitcoinBanking

I had an amazing time in Riga at #BH2024! Huge thanks to @Max Kei and the team for giving me the opportunity to present on how we’re pitching Bitcoin to boomers at Maerki Baumann. There's still a long way to go, but Bitcoin’s favorablr risk/return ratio will do the trick, and more money managers will start adding #BTC to their clients' portfolios. A 10% performance boost with just a 2% allocation to BTC will be hard to ignore! A special shoutout to @preston for the insightful conversations about how traditional banks that embrace Bitcoin will ultimately lead the pack. Again, there’s still plenty of work to do—like educating them on how Bitcoiners actually think (low-time preference, full custodial transparency, etc.) and showing that peer-to-peer lending is the future, instead of adding unnecessary risks by tranching collateral.