Michael Terpin

When you realize that 95% of all the Bitcoin's mined and only 5% of the world has any, you

What happens when we have 15% of the population?

Where's the Bitcoin coming from?

In other run-ups, the S-curve of adoption happens in almost every disruptive technology.

There's a great photo of Times Square, I believe it was 1903, that showed all horses in one car.

1913, it was all cars.

And maybe it's not going to happen that quick in Bitcoin, but right now we're kind of at that tipping point.

You had the internet, you had mobile phones, where all of a sudden it's not the early crazy guys that is doing it.

It's like, you know, your mom and dad put it in their IRA, you know, or the ETFs is helping make this easy.

The GUI gets a lot easier.

You can go now and buy Bitcoin in your Charles Schwab.

You didn't used to be able to do that before.

Now your broker is saying it's safe because he's selling the product.

Right?

And so the S curve of adoption usually is once you get about 5%, 5 to 8% of any new technology, it may take you 15 years to get there.

Usually within about a decade, you get over 50%.

And maybe another decade, you get to 80 or 90%.

So 95% of all the Bitcoin has been sold.

And it's going to take 115 years to sell the last 5%.

Where's that new Bitcoin going to come from?