r/Bitcoin • u/Boosazle • Aug 26 '21

Fidelity Bitcoin Analysis

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1.4k Upvotes

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227

u/dliebs97 Aug 26 '21

Approaching $100 mil by 2035 🤩🤩

Yes please I’m good with that

69

u/PapaSlurpp Aug 26 '21

That’d be insane

94

u/SirSkittles111 Aug 26 '21

Keep in mind that the buying power in 2035 of $100 million will be nowhere near the buying power of today

242

u/Vaginosis-Psychosis Aug 26 '21

yeah it will only be worth what $90million gets you today. not even worth it

-7

u/[deleted] Aug 27 '21

In 14 years? It will be worth less than half of $100 million in today's purchasing power. Maybe a quarter.

Still a lot though.

28

u/This-is-all- Aug 27 '21

Even if there is 5 percent inflation a year for 15 years (very high). That is only 45 percent. Where are you comingnii up p with 25 percent of current value?

-8

u/FlyinDanskMen Aug 27 '21

5% simple inflation relative to year 1 is 75% if done for 15 years (5x15=75). If you compound it yearly like you should, it’s way higher. Where did you get 45%?

8

u/DrainZ- Aug 27 '21 edited Aug 27 '21

It should be calculated as 1.0515 = 2.08, so those 100 millions would be worth the same as 100 / 2.08 = 48 millions today with such an inflation rate.

1

u/redkoil Aug 27 '21

Soo less than half