Replying to Avatar hh

So, a devaluation of 5000% (50 times), which would mean BTC = $2,000,000 of today. Feasible!
Avatar
Michael R. Sullivan 2y ago

I'm not so crazy as thinking it'll happen any time soon, I just think that with a long enough time horizon and the impossibility of our government to stop the printing we will eventually hit a hyperinflationary event where everyone sees through the veil.

Reply to this note

Please Login to reply.

Discussion

Avatar
hh 2y ago

Well, if we fix the dollar value to today's, that would mean a BTC market cap of 40 T$. That's 4 times gold's mcap.

So, tomorrow? No, of course not. But defo during our lifetime (assuming you're not 90 years old or something xD).

Avatar
Michael R. Sullivan 2y ago

Nope, only 30, like to think I'm super wise though.