If you've spent enough time studying it, Bitcoin is so clearly a 10x on Gold
Which means Gold parity in terms of market cap remains a very attainable price target for Bitcoin
Today the global Gold market is almost $18 trillion, whilst19.78 mil Bitcoin have been issued
That would put a reasonable estimate, in today's dollars, at a 900k usd Bitcoin
Over 10x from here
Could it happen this bull run...?
Gold parity absolute minimum imo… but practically unrealistic that it would remain there for long. ⬆️
The hard thing to answer is the timeline... Online I follow lots of Bitcoin content etc
In real life, when I tell people I am an investor with a focus on Bitcoin, most people still think I am crazy
Most of those people know Gold is valuable
So just a matter of time until they realise the 10x superior Bitcoin is to Gold
Do they say why you’re crazy? Or you just get that vibe from them?
It would have to eat some of golds market share to get a 10x
Fair call. The monetary premium of all sorts of assets will be eaten on the way there
#Bitcoin is exponential #freedomtech. 💫
