What happens if only 10 billionaires buys #bitcoin for $1B each?
118x$10B = $1.18T.
Current market cap is $857B.
($1.18T + $857B) / 19.56M coins
= $104k per BTC.
Discussion
”If, If, if”
We will see what happens, it is outside of individuals’ control and speculation.
Trouble is that the powers that be, the real banksters, have a lot more control over the ultra-rich than we like to think. Moving that much money out of USD and into Bitcoin may easily get shot down. Once in Bitcoin, however, no one can tell them "no".