#bitcoin
Discussion
Where is the amount of money to do it? Btc at 60k price is 1T3 MC. The giant corps are 2T 3T. Gold is 13T. Btc would be how much MC at 1M price?
Good question my friend 👍
Predicting Bitcoin's market capitalization is complex and fundamentally different from valuing assets like gold. This is due to the application of a multiplier, which affects market capitalization based on price and circulating supply. While gold is largely valued by its physical reserves and their estimation, Bitcoin, due to its digital and speculative nature, is more influenced by market psychology and trading volume. Therefore, making precise predictions about Bitcoin's future market capitalization is challenging.
You know there is supply and demand but all those would need to strong hold 26T if btc is 1M, that's not possible in this society and bankers ETF stuff. I would love to be wrong but I believe more the numbers.