Imo, bull run for sure.

Relative to the remaining supply, we have way too many coins as it is.

May not feel that way now, but when billions of people are bidding up the last like 50k coins in circulation it's gonna be very... Lol

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That’s true. I just sympathize for the people in places like Nigeria that won’t get the opportunity to stack many sats especially as price increases while being the ones that need it most (compared to the West at the moment).

I suspect the transition to bitcoin will turn a few country stereotypes on their heads. Countries with famously bad economies fail into absolute need for bitcoin earlier. That gives them a time lead on making the transition if they start now. So El Salvador is theoretically going to move way up the ladder. Rich western countries will still have strong wealth split, but the rich will be early adopter hodlers instead of those closest to the money printer.