Bitcoin offers easy access to property, the ability to store value and build wealth. Functions traditionally fulfilled by real estate. However, bitcoin fulfils these functions much better. Given bitcoin’s vastly superior properties as a store of value, it has the potential to absorb a significant portion of the monetary premium that real estate carries as a store of value. Until now, #Bitcoin has mainly been understood as an alternative to gold (market cap: $10 T) due to its limited supply and excellent monetary properties. However, it is a direct competitor to the world's most used store of value, real estate, an asset with a market cap of $330 T.

If we assume that bitcoin will absorb 10-15% of the real estate market cap over the next few decades, it has the potential to become a $30-50 trillion asset just by doing so. That would mean $1.5-2.3 million per bitcoin.