For BTC to hit $1,000,000 *and remain there sustainably*, every American needs to buy an average of $2.72 of BTC per day. This would cover all the newly mined coins.
After the next halving, the amount required becomes $1.36 per day.
*at current usd price levels..?
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$2.72 * 331m people ~= 900 BTC * $1,000,000
Right but if price changes, the per day $ amount people need to buy changes.
