Buying SPI Equals Means Buying Satoshis

in #hive-1679222 years ago

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The SPI Team HODL's ONE Bitcoin

If you look at their lastest report, you will find this chart.

Which explains that the SPI team has 0.97 Bitcoin

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The Amount of SPI Tokens are Finite

If you look at this chart, from the same report.

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You see that only 100,000 SPI tokens were created, that 6000 were burnt which means there are only 94,000 left.

This means that every time you are buying one SPI, you are buying just about 0.00001 Bitcoin.

That's a pretty cool parlor trick for our Home Grown Mutual Funds Group. Spinvest.

What other Hive Engine Projects do you know that are backed by bitcoin?

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Not sure about Hive tokens backed by Bitvokn, but with the https://v4v.app tool you can buy satoshis with Hive (of vice versa).
!LUV

So many knock Bitcoin, but it is and will be number for a reason. That Skippy tho and Thorchain hmm not so good

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