Replying to Avatar BHAVIK

Derivative market doesn’t help in stabilising the economy, at all. It only helps few tiny percentage of people to make money.

#bitcoin will destroy the derivative market, in simple terms we won’t need it.

Current global market including derivatives is $2000 Trillion. Bitcoin is targeting that value. And don’t forget this $2000 Trillion is roughly increasing at the rate other 12%-15% annually(Inflation + growth).

So by the time Bitcoin achieves 30%-50% of the global economy in 15 years, #bitcoin will be $7000T - $8000T, that will be $500 Million per coin. And that’s just the most bearish case.

Bitcoin will bring new economy with it, so we are talking about $50,000 Trillion of economy in 15-20 years(Moderate case), so that would be $1B - $ 2B per coin(30-50% adoption) We didn’t calculated the lost coins.

I don’t know what bullish case would look like. Maybe few couple of sats for an iPhone? Who knows?

#bitcoin will surprise literally everybody, including #Satoshi.

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BottleTeams 1y ago

Except it won't take 15 years

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BHAVIK 1y ago

Maybe 10 or maybe 30, we don’t know 😅. Bitcoin has tendency to surprise everyone.

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