He says bitcoin will be 13 Million in 20 years, 7% of all the money in the world will be in Btc and that it will do a 144x from here.
And what about alts? This sounds totally crazy.
Does anybody here believe this as well?
He'll be dead in 20 years that's why he's saying it
no i dont believe it, i think it will 10x, but its not replacing gold in a single generation thats dumb
I like bitcoin but this guy is deluded.
BTC will be dead in 20 years 100%
Doesn't seem dumb considering Bitcoins trajectory of the past decade.
But what if it crashes in the next few years first?
Fiat money is broken. They need some kind of solution and they certainly don’t want the goyim trading untraceable gold and silver
Isn't the moment you go buy the rocks entirely traceable. I know 90% of rock collectors aren't buying 2nd hand
Yea I suppose they can dig that information up but the secondary market is huge and impossible to trace, whereas every single bitfuck transaction would be registered on a molecular level
it's plausible.
at this point there's a giant lobby, there's precedent, elite people and institutions have bought in.
what scenario is there for bitcoin to just go away?
it's just much more efficient and transparent than gold reserves, the bigger it gets and the more financial instruments are available the more likely it is that everybody will have some exposure, directly or indirectly.
No comment
this. fiat WILL collapse, even the cb kikes know this. gold will not be allowed, or even allowed to be encouraged or incentivized, thus a "digital gold" needs to exist where these powerkikes can tax you to death for transacting.
it still could exist, but with a low price dont you think?
btc will never go to 0 in 20 years, it's just not going to happen
Because... Just because!
Buttcorn is that way tranny
What's the value of 127 terrawatts of power per year?
Bitcoin was developed and created to fix the problem of continuing to print dollars out of parchment in which requires chopping down trees.
Bitcoin is never going away. Its simply superior to fiat in every way imaginable and that gives it the value.
1 Million is possible, but crazy. 13 million is total delusion. I could see BTC being a 400k stable coin, but 13 million?
Let's say that bitcoin continues to become more mainstream with huge corporations buying to the point that everyone with wealth wants some crypto exposure. It's an often reported point but there's not enough BTC for even 1/4 of millionaires to have a full BTC. There will be a massive supply issue, who knows how high we go from there?
7% doesn't sound like much considering how inflated everything will get.
sounds crazy
To play double's advocate his company is literally a 1.5x LETF on bitcoin so he benefits from saying "my company will be worth a gorillion dollars" but I also don't think it's that crazy.
Gold will also go up.
that's a common view, here's an in depth analysis by the vaneck guys
vaneck.com
just viewing it from one perspective.
If you want the conspiracy stuff check out whitney web talking about it
Basically US intelligence agencies/silicon valley billionaires see the debt is something we cannot deal with so they are basically going to rugpull usd and gold and put it into btc, and get the rest of the world to use stablecoins so everyone can be dependent on the US for basically a us controlled cbdc.
alts will go to 0, there is literally no point to any of them. If someone figures out a good defi thing that might stick around, everything else is obviously a pump and dump scam. I like the thorchain lending stuff but idk if that will work. If you can just use big banks to get yield that's insured people will prefer that.
The question is who will hold stuff for 100 years, people will hold btc. There is still no point to things like eth or sol and no shitcoins don't count. If you follow the tradfi etf stuff (which I do very closely) they basically cannot figure a way to market eth or convey it's purpose to anyone lol. It's a scam.
There is no second best.
btw here is their bull/base/bear case based exclusively on a % of international trade being settled in BTC.
Their bull is 52 million by 2050 lol, that's just if 20% is settled in btc.
brother don't say things like that's close to wishing ill health on others and you know what that brings you right?
Gold replaced silver in one generation or two max and this was 3-4 centuries ago. Bitcoin can replace gold in one generation easily.
no coiner detected
It's hard to believe people like this browse biz
13 million is easily achievable with a very modest allocation from the current asset pools.
I think MicroStrategy stock collapses, starting in the following 12 days
He'll be 79 in 20 years, people die at that age, get over it
Good question
people die at that age
Not in a post singularity society
1 Million is possible, but crazy. 13 million is total delusion. I could see BTC being a 400k stable coin, but 13 million?
you just don't understand.
it's ok, most do not.
I am retarded. What should we understand?
I believe that, and when it does, I'll be making $50k a month from staking BTC on ExSat
I unironically do believe it
no i dont believe it, i think it will 10x, but its not replacing gold
That's only less than 14x from here.
We just surpassed silver market cap a few weeks ago.
not long ago, bitcoin 94k would have sounded ridiculous. yet here we are
Auradex gonna launch sol to $400 ez, lower fees and crazy meme’s is all we want!!!
And what about alts?
Zero.
More time to stack.
trips. yes.
I don't really care if it was 1 gorillian in 20 years, ill be mid 50's by then, I need much more much sooner.
How much is saved into equities every year? Why use an unfixed unit of account with counterparty risk when you could save in a trustless fixed unit? As btc gains capitalization it becomes more and more rational for low risk actors to use, massively increasing its demand
100k btc has been on the cards since 2017
checked
however in addition to your image there are multiple kinds of oligarchs battling it out with each other
and right now the tech oligarchs completely decimated the old money oligarchs and the new bosses like the efficient competition of things as they know it results in more things being made/invented
so that pic is too bleak for our current situation
to drive this point home jd vance in veep now and probably next in line to take over the maga movement
It was a shy careful public estimate. He thinks it will go bigger, faster.
because it has no viable post-quantum migration pathway for millions of coins.
yea sounds crazy until someone tells you in 2011 the corn will one day be 90kUSD..
here you got, its a bit rough but the path is there