Samson Mow, a man who could sell ice to a polar bear and still cheer for Bitcoin, just lobbed a grenade into the cozy little world of crypto daydreamers. This isn’t your average cheerleading—no, it’s a revelation wrapped in sarcasm, unveiling how so many investors are hypnotized by something devilishly simple: unit bias. Yes, that charming illusion that if one shiny coin looks cheap, it must be a bargain. Spoiler alert: it’s not. Bitcoin, that stoic ancient gold of the internet, laughs quietly from its throne as XRP and friends try to wear its crown.
One Bitcoin = One of 21 Million (And No, You Can’t Print More)
Imagine there are exactly 21 million shiny magic tokens on the planet known as Bitcoin. Not a single extra one will sprout overnight—no matter how much you wish. So, when you fork over around $85,000 for one BTC (yes, one whole bitcoin, not some halfhearted fraction), you’re essentially buying your very own golden ticket out of the madness.
You can buy one twenty-one millionth of the BTC supply for ~$85,000.
What happens if you remove unit bias from alts to calculate the equiv 1/21 million?
ETH: $9,200
XRP: $5,800
SOL: $3,400No way these alts are worth that much. #Bitcoin dominance is going so much higher. 🤡
— Samson Mow (@Excellion) April 19, 2025
Mow, the oracle of Bitcoin logic, took a calculator and decided to divide market caps of Ethereum, XRP, and Solana by the mystical 21 million—Bitcoin’s sacred limit. And the numbers? Let’s just say they’re a gut punch to those who think less than $10 per coin spells a deal.
Behold the harsh glare of arithmetic:
- Ethereum: $193 billion (market cap) / 21 million = $9,200 per “equivalent” coin
- XRP: $121 billion / 21 million = $5,800 per “equivalent” coin
- Solana: $71 billion / 21 million = $3,400 per “equivalent” coin
Suddenly, your “cheap” XRP is masquerading as a pricey diva. And poor Solana is no pauper either.
The Real Villain in This Tale: The Deliciously Confusing “Unit Bias”
Unit bias is that sneaky criminal that tricks new investors into thinking they’re penny-pinching geniuses. “Look! XRP is only two bucks, but Bitcoin is 85 grand! I must be so smart!” How adorable.
The catch is XRP’s supply is a cosmic joke: roughly 58.3 billion tokens flooding the crypto bazaar. This high supply lowers the price per token, not because the asset is cheaper, but because it’s sliced into a billion more pieces. Rookie trap, anyone?
The King Still Wears the Crown (Spoiler: It’s Bitcoin)
Mow’s crystal ball foretells a future where savvy folk peel off their rose-colored glasses and see Bitcoin’s true worth. As unit bias fades into the shadows, Bitcoin’s dominance will rise like a caffeinated phoenix, leaving confused altcoin hopefuls blinking in disbelief.
His advice, delivered with the calm certainty of a man who’s been to the top and back: “Bitcoin only.”
Oh, and remember—you heard it here first: Mow once predicted Bitcoin would hit $1 million by 2021. Time may have been… optimistic, but hey, dream big or go home.
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2025-04-19 15:55