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05/08/22 9:41 AM

#28276 RE: lilLu #28267

Hi lilLu,
I agree 100% that Shibarium is the key to our success, but as for the burns, I see them a bit differently. At these prices, we may be able to burn hundreds of trillions, but as the price of Shiba goes up, I expect those burns to slow.

If we burn hundreds of trillions per year, what happens in a few years when the total supply of Shiba is gone and no one has any coins left? That can't happen. So what is the reality of what will happen?

The burns will slow as the price goes up. Right now at a price of .00002, every dollar burnt wipes out 50,000 shib. So if a $10 meal is bought at welly's and 1% of the transaction (I don't remember if it's 1%) gets burnt, that's 50,000 shib gone for every meal bought there.

As the burns happen and with other good things for Shiba, the price will rise. So now the calculations at a price of .002 are like this. One dollar burnt wipes out only 500 Shib. So that same Welly's transaction only takes out 500 Shib now. See how the burns will slow.

It's all good as the price will continue to rise and once the world learns that this is the safest place to put your money for long term returns, everyone will use it and we will get good gains on just volume of usage. More dollars worth of Shib will be being burnt. At some point with the whole world using shib, that one dollar burnt "MAY" only wipe out 1 Shib. The question is how many years will it take to get there? Depending on how this all plays out, it could take 20 years to get there, but it could also happen much faster.

The great news is, starting at these prices, the gains one could make are astronomical in my opinion. These are just my beliefs on how I'm looking at this, but maybe I have it wrong. The future of Shib seems to be Stranger than Paradise.



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