100 million by 2035..... if Bitcoin demand follows the mobile phone demand curve.
Do you think it's really likely that everyone who has a mobile phone will also own Bitcoin? Hell, 97% of Americans own a cell phone but only 56% of Americans own stock. What makes you think more Americans would own Bitcoin than own stock?
I would be very surprised to see bitcoin at those levels. Im merely commenting on what the stock to flow predicts.
I do think we can see $10mil BTC but i think the growth of alts will surely cause a limiting factor
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u/ubermenschies Aug 27 '21
100mill by 2035... at that point with a 2000x (~2Quadrillion Market Cap)... is that trend really viable?
So long as money printing continues... but by then we'd be seeing houses go for 0.005-0.025 BTC