How much Bitcoin to be a millionaire?
I've been hearing so much buzz about Bitcoin and its potential to turn ordinary folk into millionaires. But I'm a bit confused. Could you please help me understand? How much Bitcoin do I actually need to own to become a millionaire? I've seen prices fluctuate wildly and I'm not sure how to calculate it accurately. Is there a formula or a rule of thumb I can follow? I'd really appreciate it if you could break it down for me in a way that's easy to understand. After all, this cryptocurrency world can be quite daunting for a newcomer like me.
How much Bitcoin did FTX have?
Could you please elaborate on the amount of Bitcoin that FTX possessed? As a leading player in the cryptocurrency market, FTX's holdings have always been a topic of great interest. Given the recent events surrounding the exchange, I'm particularly curious about the scale of its Bitcoin holdings and how it might have been affected by the collapse. Was the Bitcoin portfolio diversified, or did it primarily consist of a few large holdings? And, given the volatile nature of the crypto market, how did FTX manage its Bitcoin assets to mitigate risk? Your insights would be greatly appreciated.
How much text is 32k tokens?
Excuse me, I'm a bit confused about the concept of tokens in cryptocurrency. Could you possibly elaborate on what exactly a "token" is in this context? And furthermore, I was wondering, how do we determine the length of a text in terms of tokens? I've come across this term "32k tokens" but I'm not quite sure how to interpret it. Could you please provide an example or a scenario where 32k tokens would correspond to approximately how much text? Thank you very much for your time and assistance.