Vladimir Club Cost

English General Discussions
1

I just discovered the term “Vladimir Club Cost”

The number of :ada: required to be in this “club” is 158,872.64

From Messari.io

The Vladimir Club refers to owning 1% of 1% of an asset’s eventual supply. For example, bitcoin’s supply is fixed to 21,000,000 coins. Therefore, to be “in the Vladimir Club” for bitcoin requires:

21,000,000 * 0.01 * 0.01 = 2100 BTC.

The term “Vladimir Club” was coined on the Bitcointalk forum in 2011 or 2012 by user Vladimir, and turns out to be a convenient metric for comparing cost to own a percentage of one cryptoasset vs another.

2

That’s still far away from 1%. With 45,000,000,000 ADA max supply you need 450,000,000 ADA to join the club. No chance for us small fishes.