In no way am I saying it won’t also crash from 200k to 150k, from 500k to 380k, and from 1.5M to 1.2M, as infinitum. I didn’t give a timeline either. Bitcoin doesn’t have a top measured in fiat so even adding a zero doesn’t make sense if you just extend the time horizon. It will continue until we stop pricing things in dollars.
Discussion
fair. touche. I do think Bitcoin has a TAM in today's dollars around $500 trillion to $1 quadrillion, so in terms of purchasing power growth potential, one could argue the growth opportunity in bitcoin (aside from just vanilla gdp growth type levels, which will go on forever) is limited to a humble 250x - 500x to go from here