It’s fascinating how many people still subscribe to the diminishing returns theory of Bitcoin—despite the overwhelming evidence to the contrary.

100% of banks don’t hold it.

97%+ of countries don’t hold it.

99% of publicly traded companies don’t hold it.

99% of private companies don’t hold it.

99% of individuals don’t hold it (in self-custody).

And yet, despite this massive under-adoption, Bitcoin has already reached six figures.

Even more incredible? It has been the best-performing asset in 11 of the past 14 years.

I try not to be a mega bull, but when you zoom out, does an 8-to-9 figure USD-to-BTC conversion really seem that far-fetched?