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ID: dPROwIhY/biz/60660263#60661949
7/20/2025, 4:09:24 PM
>>60660296
YES! My nigga! You get it!!!
We are still in the VERY early adoption phase. Think about it, a 21,000,000 capped supply, everyone on the planet using it for internet transactions, let's call it even just one billion people who are actively using internet services. Each person would own about 0.05 BTC. That's where my analysis started back in 2010 when I first heard about it (but had no way of buying it because my savings had gotten wiped out in the 2009 crash).
Change that to 8 billion people using it as a savings vehicle for their entire financial life -- which is what some BTC maxis think will happen, and maybe it will in thirty years or so -- and you get exactly what you wrote. Except that Bitcoin's supply can't be expanded, so its purchasing power will expand and Bitcoin-as-currency will be deflationary at the rate of global economic growth.
See also >>60660634 for my prediction on the near future:
>Reasonable steady-state: at least another 2X or 3X unless a black swan flies in and blows up the global economy like 2020
Also, if the "Bitcoin tracks global liquidity and lags global liquidity by three months" crowd is correct, their chart shows $200K in about another three months, see picrelated.
YES! My nigga! You get it!!!
We are still in the VERY early adoption phase. Think about it, a 21,000,000 capped supply, everyone on the planet using it for internet transactions, let's call it even just one billion people who are actively using internet services. Each person would own about 0.05 BTC. That's where my analysis started back in 2010 when I first heard about it (but had no way of buying it because my savings had gotten wiped out in the 2009 crash).
Change that to 8 billion people using it as a savings vehicle for their entire financial life -- which is what some BTC maxis think will happen, and maybe it will in thirty years or so -- and you get exactly what you wrote. Except that Bitcoin's supply can't be expanded, so its purchasing power will expand and Bitcoin-as-currency will be deflationary at the rate of global economic growth.
See also >>60660634 for my prediction on the near future:
>Reasonable steady-state: at least another 2X or 3X unless a black swan flies in and blows up the global economy like 2020
Also, if the "Bitcoin tracks global liquidity and lags global liquidity by three months" crowd is correct, their chart shows $200K in about another three months, see picrelated.
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