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At $220 I told people bitcoin was going to 100k.

You would think those same people would listen to me now when I say that bitcoin is going to go from 100k to 50 million.

But for some reason they don’t.

🐢 1y ago

Isn’t that a 1.05 quadrillion dollar market cap?

Wouldn’t that assume that like 75% of everything is capitalized in bitcoin, derivatives somehow acknowledged by the market price etc…

Or I suppose things will inflate to the point where maybe it’s only 50 or 25% of everything which would make a bit of sense…

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Discussion

HODL 1y ago

Right things will be inflating along the way. Total global wealth will probably be 4 or 5 quadrillion at that time.

🐢 1y ago

The inflation is what I think most people don’t “get”. Even bitcoiners who think they can sell their corn and “retire” seem to not acknowledge the devastation of inflation.