As long as people think the US dollar has value, #Bitcoin can increase in price by hundreds of percent every 4 years.
I don't think we will see diminishing returns because the US government will have to print more money just to sustain the financial system.
How much of this will eventually find its way into Bitcoin?
The US national debt is already at almost $35 TRILLION and I think we will see $150 trillion within 20 years (this is very conservative).
The US government made a lot of promises over the last few decades (for example: social security) and the people who trusted those promises are going to start cashing in (the Baby Boomer generation).
How far will the US government go when Social Security payments are worthless?
When there are videos of 90-year-olds working at Walmart because they can't afford the cost of living?
How much money will it have to print to keep getting votes from people who are not productive?
Newer generations will pay for these promises by having their wealth devalued.
Most young people can save nothing for their future because the basic cost of living is so high.
When these people are homeless and have nothing left... who does the government go after?
My thoughts:
Anyone holding real estate and stocks will very likely be the ones to pay for those promises in the form of higher tax rates.
Today, they are protected because they are the majority.
When the majority can't afford homes and the basic cost of living, real estate investors will no longer be protected by governments.
Nobody can guarantee that property taxes and capital gains taxes will NOT go up in the coming years.
This is how governments will attack anyone that's still part of the system they control.
Real estate investing will be a losing game at this point.
I think by then, smart money will have already moved from real estate to Bitcoin.
Dumb money real estate investors who got there by luck won't figure out that they're being rug-pulled until a house is worth less than 0.01 Bitcoin.
These are the people ignoring Bitcoin right now.