If Bitcoin's market cap goes up 70-fold, M2 continues to grow at 7% and the economy grows, and considering that the marginal cost of buying more bitcoin should increase (since it has absolute scarcity) shouldn't the price be much higher than 19M?
If Bitcoin's market cap goes up 70-fold, M2 continues to grow at 7% and the economy grows, and considering that the marginal cost of buying more bitcoin should increase (since it has absolute scarcity) shouldn't the price be much higher than 19M?
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