To me it’s pretty clear how Bitcoin can reach $1,000,000. 10x-ing from $100,000 is not as unchartered as one believes.

1. Trump will pressure the Federal Reserve to accelerate the lowering rates even when it’s clear they cannot. This creates a political theatre.

2. $1M/coin makes it a direct competitor to gold and evidently clear that Bitcoin is the superior asset.

3. Trump takes inspiration from Andrew Jack and Richard Nixon when it comes to monetary legacy, both who implemented foundational changes to the nature of money.

4. The Coinbase Lobby, with support of organizations like Circle/USDC can get major profit engines like Visa, Mastercard, Big tech and even big government to converge in a particular direction.

5. USDC becomes a kind of privatized CBDC, the way the federal reserve is a private institution.

6. Financial technology/internet communications has a pathway to expand and flourish beyond centralized constraints.

And finally,

7. This leads to Bitcoin being the native currency of the internet.