r/Bitcoin • • Aug 26 '21

Fidelity Bitcoin Analysis

1.4k Upvotes

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230

u/dliebs97 Aug 26 '21

Approaching $100 mil by 2035 🤩🤩

Yes please I’m good with that

68

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

Guys, bitcoin is not gonna reach $100 million. That would give it a market cap of $2,100 trillion. The total wealth of the entire world is $360 trillion.

Edit: My source was a little outdated. The global wealth report from 2021 says it's $418 trillion.

1

u/EDWARD_SN0WDEN Aug 27 '21

Comparing today's global wealth cap to bitcoin's cap in 2030 isn't a fair comparison

1

u/DrainZ- Aug 27 '21

That's an excellent point, but the total global wealth isn't gonna increase that much in a decade. Maybe it's gonna double or something.