|
01:02:15.119-->01:02:17.750
|
That buys you one one-millionth of the
|
That buys you one one-millionth of the
|
|
01:02:17.760-->01:02:20.549
|
projected gold supply in the year 2120.
|
projected gold supply in the year 2120.
|
|
01:02:20.559-->01:02:21.990
|
So let's do that with Bitcoin. So with
|
So let's do that with Bitcoin. So with
|
|
01:02:22.000-->01:02:23.829
|
Bitcoin, they're going to be very proud
|
Bitcoin, they're going to be very proud
|
|
01:02:23.839-->01:02:25.589
|
that a hundred years from today, there's
|
that a hundred years from today, there's
|
|
01:02:25.599-->01:02:27.510
|
going to be only 21 million bitcoin
|
going to be only 21 million bitcoin
|
|
01:02:27.520-->01:02:29.910
|
in existence. To buy one one-millionth,
|
in existence. To buy one one-millionth,
|
|
01:02:29.920-->01:02:30.935
|
how much does it cost?
|
how much does it cost?
|
|
01:02:30.936-->01:02:32.936
|
244 thousand dollars.
|
244 thousand dollars.
|
|
01:02:33.196-->01:02:34.239
|
How about in Monero?
|
How about in Monero?
|
|
01:02:34.240-->01:02:35.910
|
Now we have the tail emission, so that
|
Now we have the tail emission, so that
|
|
01:02:35.920-->01:02:37.510
|
commonly gets thrown about as being
|
commonly gets thrown about as being
|
|
01:02:37.520-->01:02:39.190
|
"infinite inflation." Well, actually,
|
"infinite inflation." Well, actually,
|
|
01:02:39.200-->01:02:40.230
|
we know what it's going to be.
|
we know what it's going to be.
|
|
01:02:40.240-->01:02:41.622
|
And in a hundred years from now,
|
And in a hundred years from now,
|
|
01:02:41.623-->01:02:43.670
|
the coin supply will be less than double
|
the coin supply will be less than double
|
|
01:02:43.680-->01:02:44.703
|
what it is today.
|
what it is today.
|
|
01:02:44.704-->01:02:46.870
|
That's not too bad for a century.
|
That's not too bad for a century.
|
|
01:02:46.880-->01:02:48.789
|
So to buy one one-millionth of all the
|
So to buy one one-millionth of all the
|
|
01:02:48.799-->01:02:50.710
|
Monero that will be in the world in the
|
Monero that will be in the world in the
|