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The main issue with this analysis is that there is a disjoint between the expectation of Lightning a.k.a. 100 trillion USD in liquidity and the expected bitcoin price 5 million per coin. IMO those things are misaligned if you were to have the entire M2 money supply on Lightning then you would logically think that bitcoin price is much much higher than just 5 million per coin.

BTCrevolutionary 6mo ago

Grok is saying that the price would have to be at least 5 million unless the math is wrong. I asked what it would take to onboard the whole world on lightning and that it came up with..

Is it wrong to want the entire world on lightning since on-chain can’t scale to 8 billion people? This is the entire reason why we are here right??

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Discussion

ck 6mo ago

Im saying that just 5 mil per coin is a very low price if the entire M2 supply was on lightning. I would expect the price per coin to be astronomical. Meaning you wont need the entire supply in lightning.

BTCrevolutionary 6mo ago

Do you think this is a goal to strive for? What is your vision of how people use Bitcoin? Is the dollar still around or does BTC truly become what people use for everyday transactions?

ck 6mo ago

This is what I think. https://youtu.be/a_iFqxgHWSE

furio 6mo ago

There’s not $108 trillion USD floating around rn.

There’s $28 trillion actual circulating paying for $108 in USD denominated debt.

So the number needed to service the *entire US M2* economy is 1/4 of the $100 trillion.

BTCrevolutionary 6mo ago

M2 of the entire globe is around 100-110 trillion