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Replying to Avatar bitcoiner7 nym

I'm afraid it's not that simple.

I have seen this type of estimate many times.

But is it true that, if an additional trillion dollars of capital gets invested in Bitcoin, then the Bitcoin market cap goes up by the same amount?

I do not think it is necessarily so.

How the price will react to an additional trillion of capital inflow, depends on liquidity, market depth, willingness of holders to sell.

It may go up a lot, or a little, but not necessary by the amount needed to increase Bitcoin market cap by a trillion.

At least that's what I think.

Happy to discuss.

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modulo 1y ago

I agree with you and it is impossible to predict. I was having fun going through the mental gymnastics of if the world’s population decided to switch currencies and use #bitcoin instead of their own, how much value would be transferred into #bitcoin

I am not thinking of #bitcoin as an investment product

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