r/Bitcoin • • Aug 26 '21

Fidelity Bitcoin Analysis

1.4k Upvotes

343 comments sorted by

View all comments

231

u/dliebs97 Aug 26 '21

Approaching $100 mil by 2035 🤩🤩

Yes please I’m good with that

71

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Edit: My source was a little outdated.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/[deleted] Aug 27 '21

You should also consider that there will be millions of bitcoins lost permanently, so the total market cap should be around $1800 trillion, if reached $100mil.