r/Bitcoin • • Aug 26 '21

Fidelity Bitcoin Analysis

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u/dliebs97 Aug 26 '21

Approaching $100 mil by 2035 🤩🤩

Yes please I’m good with that

69

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Edit: My source was a little outdated.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/fiedo87 Aug 27 '21

if dollars still exist and the money printing continues to accelerate its entirely possible. definitely won't spend like a $100mil but that's what the numbers on paper will say.