There are 63M millionaires in the world. They own close to 50% of global wealth. Yes, normal people matters, but the main price action will come from these people. When they start to bid for the last available #bitcoin things will surprise even the most hardened BTC maxi.
Over the next 4 years 657k BTC will be mined.
That's 0.01 BTC for each millionaire.
They'll be lucky to get their mitts on them, they've got to compete with a global army of Bitcoiners who will be snatching up sats faster than they can liquidate their assets and pile in.
Obviously most millionaires are just home owners, they can obviously not sell 10% of their house to buy BTC. But still assuming every millionaire want to have 10% of their wealth in Bitcoin, where does it bring us? To 1MUSD per BTC? More?
