From the 1st of August to the 5th of August, the #nasdaq dropped 11.96%.

On one of nostr:npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a podcasts, the host asked where the money will come from to send Bitcoin to $1 million.

If the money that sold between the 1st of Aug to 5th of Aug on the Nasdaq made it's way to Bitcoin, Bitcoin would be sitting at $209,000 US per coin.

Now imagine the #newyork stock exchange, the Japanese, The Chinese, the FTSE. If they all followed suit, there is your $1million per coin if we consider stock market consideration.

Guess what, the real estate market is 3x larger than the global stock markets.

1% from stocks, 1% from real estate, 1% from bonds, 1% from pension funds, 1% from oil, gold, silver, copper, nickel, natural gas, iron ore, as a whole, and we are sitting well above $1million per Bitcoin.