There are currently ~$700 trillion of global *investment* assets:
Bonds: $137T
Stocks: $117T
Real Estate (ex-Agriculture): $290T
Art & Collectibles: $22T
Gold: $10T
M2 (cash, savings, etc): $130T
TOTAL = $706 trillion
- nostr:npub1cj94enk44kn5mvrcma4sp7jnlsgnn4em7rk3dh3jt4fzyqs3m02s560efa
#BitcoinTwitter
Final #Bitcoin target for full adoption in todays dollars:
1) Estimate the current % of monetary value of each asset
2) Multiply the monetary value by the marketcap (now you only have the monetary premium of each asset)
3) Add it all up
4) devide it by Bitcoin's market cap
The answer is the amount of times Bitcoin should go up. It's pretty big 😁
