Internet Computer is so Scarce That 100 ICP is a LOT of Crypto

Internet Computer is so Scarce That 100 ICP is a LOT of Crypto

internet computer protocol is so scarce
that having 100 ICP today is a lot
considering the internet computer
protocol has revolutionary technology
that’s in position to reshape the whole
internet and financial system as we know
it it’s the first full stack crypto
platform and getting 100 ICP today to me
is relatively as easy as it was to get a
few Bitcoin 10 years ago and most people
haven’t figured this out yet you’re
going to love seeing these metrics I
show you first there are
7.95 billion people in the world right
now and there is by comparison
518 million ICP in existence so that
means if ICP was completely evenly
distributed most people would only have
0.1 or less ICP which means if you have
100 ICP you have a thousand people’s
share of ICP right now I know some of
you are like well it doesn’t have a Max
Supply it’s only the inflation for ICP
is like 4% right now the world’s
population is growing around as fast as
ICP Supply is growing so really is more
people are born you’re Distributing it
100 ICP is still a lot and here’s
there’s only
40,000 wallets 41,000 wallets that
actually have at least 100 ICP so if you
divide divide
that by if you divide the number of
people in the world by the number of
wallets holding 100 ICP only one out of
193,000 people on earth have at least
100 ICP in a wallet but then there’s
people like me I have two wallets maybe
depending on exactly how it’s
categorized three wallets that have at
least 100 ICP in it myself so you know I
have like half a million people’s Shar
of know the ICP relatively so this is
something hardly anybody knows about
right now and that’s why it’s such a
great opportunity based on the
technology and here’s an example of the
technology my website is hosted on
internet computer protocol which I don’t
need any firewalls to keep it safe it’s
secured through cryptography it loads
almost instantly anywhere in the world I
don’t have to do any updates I don’t
have to pay any hosting company to host
it I just leave my Cycles which were
created by burning
ICP and I’ve had tens of thousands of
people come to my website and it’s cost
me like a dollar or two the hosting on
this is crazy cheap and the things you
can build on this are amazing it saves a
huge amount of money this website is
simple at Jerry banfield.com to make it
cheap but if you see the apps people are
building with this like if you click my
open chat this is a fully
onchain Discord and telegram that I give
people crypto you can have a crypto
wallet like I do directly in here this
wallet in open chat right now has almost
100 ICP in it itself so this the
technology is massive if you’re bullish
on crypto internet computer protocol is
the best tech to scale Bitcoin and
ethereum it has the best tech for Crypt
Mass adoption it has the best tech
addressing cyber crime and there’s only
41,000 wallets holding 100 ICP so why is
100 ICP such a big deal
obviously having 100 ICP is I just
showed you relative to the population
you’re essentially holding a thousand
people’s share of evenly distributed ICP
but ICP is not evenly distributed the
top wallets are holding the vast
majority of the ICP which means there’s
not very many people that can get a hold
of ICP for a reasonable cost right now
like there were not very many people who
were able to get a hold of Bitcoin for a
reasonable cost 10 years ago but what’s
even better with ICP is that you
actually get rewards so right now if you
go to the
dashboard on ICP and look at the
governance you get if you lock your ICP
up
indefinitely minimum 8-year dissolve
delay you get
15% in annualized rewards if you’re
voting and I’ve got lots of tutorial
showing on how to do that correctly and
this means the minimum you can get to
cash those voting rewards out is at
least one maturity which is equal to
about one ICP so 100 ICP is a huge deal
because as I show you in the nns neuron
simulator if you lock up a 100
ICP indefinitely and you don’t start
dissolving it you have a dissolve delay
delay of 8 years watch what happens to
your rewards watch watch how many
rewards you’re getting so basically
every month you’re going to get about
one ICP which means every month
indefinitely you should be able to sell
one ICP without touching the principal
so remember the the capability of this
technology getting 100 ICP is the
critical threshold where every month you
will get passive income for life and uh
as you can see if you lock up 100 ICP
today and just leave it right now by 202
the start of
2027 you will have gotten
back 30 almost 40 ICP in maturity you
have gotten that back without touching
your principle and the biggest problem I
found in being in crypto over the long
term is touching the principal because
as soon as you touch the
principal that’s when you often miss out
on the biggest long-term opportunities
like when I sold all my bit bit coin in
2017 at what I thought was the top at
1700 just didn’t seem likely it was
going to go up 10 times higher after
that and it really didn’t seem likely it
was going to go up 30 or 40 times higher
than that but that’s why leaving the
principle and then earning maturity
indefinitely off the
principal is just absolute God Mode for
investing so if you look at this over by
four years from now four years from now
you would have been able to earn and
sell 58 ICP and you’d still have your
100 original ICP I mean wow if I could
have earned Bitcoin if if I could have
bought I had almost 100 Bitcoin at one
point if if I could have earned 58
Bitcoin from holding that first hundred
and been able to sell it and still had
myund oh my God so yes you what’s
important though is to validate like
that this technology is really that good
because if it’s not then it’s not as
exciting but I’ve spent hundreds and
hundreds and hundreds of hours
researching ICP I’ve been in crypto 10
years I’ve looked at thousands of
different
altcoins and there’s nothing I’ve ever
seen like internet computer protocol
where you can do computation at scale on
blockchain nothing else in the world
does that you can put five gigabyte you
can put for $5 you can put a gigabyte of
smart contract memory on chain that is
anywhere from hundreds to thousands of
times cheaper than what it costs on
other blockchains that’s an exponential
Leap Forward in technology first Bitcoin
layer 2 first ethereum layer 2 on the
same infrastructure https alol so you
don’t need oracles anymore the
capabilities the smart contracts are
indexed by Google so you don’t need
other things that index the smart
contracts to put them to Google I mean
this is making a lot of stuff in crypto
irrelevant because it’s so good and
there’s going to be a private version of
this which will be interoperable I mean
to me all roads are leading to ICP and
at this point it’s the biggest risk I
see is not having at least 100 ICP and
missing out on this while it’s so
obvious like everybody who didn’t have
one Bitcoin really if you compare this
to bitcoin having 100 ICP is about like
having five Bitcoin 10 years ago I mean
almost nobody wanted to buy five Bitcoin
10 years ago which just cost a little
over $1,000 but wouldn’t everybody love
to have five Bitcoin today myself
included I had 60 Bitcoin at one point
and and dumped all of it I had 40 or 50
Bitcoin at another point and dumped all
of it for short profits and now I’m glad
ICP I’m locked in for the Long Haul so I
can just get my maturity I’ve spotted
this ahead of time and there’s you’re in
very good company there’s only
40,000
41,7 to wallets that have also figured
this out so I one day I imagine this
number is going to be well into the
hundreds of thousands maybe into the
millions of wallets and it’s going to
cost those wallets a lot more to load up
the same thing if what I’m seeing comes
to pass so
I’ve shown you exactly the projected
maturity now if much much more the ICP
lock gets locked up the maturity may
drop some but there also the scarcity
will get to be nuts right now if you
want to see more of these analytics you
can go on ip. capital.com is where I got
these analytics and yes there are
significant portions of the supply held
by bigger wallets which is is the case
in everything if you go to
right now there’s the wallets who have
over 100,000 ICP have 394 million of the
entire
Supply right now which that that makes
sense because you know the people have
the largest amounts of ICP you know have
it in wallets over 100k ICP but if you
look at the Bitcoin rich list I mean
still even though Bitcoin has been out
for ever at this point you know the the
very top like few percentage of wallets
in Bitcoin like the top the top you know
few thousand wallets in Bitcoin are
still holding 60% of the supply even
though it came out in 2009 it’s like 15
years ago so you’ve got you have 13,000
addresses in
Bitcoin or 13,000 addresses in Bitcoin
that are holding you know collectively
15,000 if you add these up collectively
holding 59% of the supplies
however you’ve got a bunch a bunch more
small wallets now and while today only
2% or so of the wallets in Bitcoin have
more than one
Bitcoin 10 years ago it was really easy
to get into those top 2% wallets all you
had to do is put you know like a few
thousand less than $2,000 in and for one
Bitcoin when I first bought it a few
hundred
and then hold it and you’d be in the top
2% of wallets today so sometimes life
makes things super obvious and easy for
you and here it is like here it is
there’s only 41,000 Wallets on Earth
that have figured out how scarce ICP is
and what a big deal this is and have at
least 100 ICP now yes there’s some
there’s many people who have 100 ICP
sitting on Exchange wallets and then if
you look at the exchange balances so if
you look at all the exchanges The
Exchange wallets are in those bigger
wallets that are held by percentages so
there there is Among The Exchange
wallets is about 14 or so million ICP so
there are lots more people have 100 ICP
sitting in exchange wallet but with you
need to get that off
exchanges there’s Millions more that are
in cold wallets you need to get the ICP
off of exchanges and to put it into your
network nervous system wallet then
you’ll be properly counted on the list
of addresses
and you will have full control over your
ICP instead of an exchange having
custody for you so this to me is really
exciting for ICP today is a great time
to be in
ICP many of you can easily if you don’t
have a 100 ICP you can easily get it I
have over 4,000 ICP so I I really
believe in what I’m saying and I’m
planning to just live off the rewards
indefinitely so if you found this
helpful I’m a full fulltime YouTuber I
have nine playlists in the description I
think you’ll enjoy I have two crypto
playlists crypto and a crypto reviews
playlist I have an autobiography if you
really want to get to know me better and
not just see me as a crypto guy which I
would love for you to do check out my
autobiography Channel if you’re into
deep thinking check out my thoughts
Channel if you want some relaxing
energizing instrumental no lyric no
vocals no distractions music I’m really
hyped to my instrumental music channel
if you want some inspiring rap and CP
and Hip Hop check out my music with
lyrics playlist all these are in the
description and if you want me to get to
know you better come chat with me on
open chat or schedule a video call
thanks for watching I’ll hope to see you
again soon

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