How Bitcoin can get to 10 Million Per Coin (Simplified) Fidelity
This extremely simple here is a diagram and walk through of the world's worth as of 2020.
For this experiment lets say the year is 2034
We start with 21,000,000 coins are now circulating
Estimated 35% of the supply is lost over time that can never be recovered
13,650,000 of the supply remain
60% of that circulating supply has been bought my sovereign states and retirements and treated like 30-year Treasury bond. 8,190,000 coins now sit and do not move unless country funding is needed similar to the FED holding Gold.
5,460,000 of the supply remains liquid and publicly traded
how do we get Bitcoin to $10,000,000 from a small 21k price?
$54,600,000,000,000 Yes 54 Trillion in Marketcap impossible!
Take just 5.3% from the Stock markets to the Global Wealth that's all you need.
(This is not even including derivatives that can use country backing to leverage to prop up debt purchased, If you include derivatives in the future with unlimited QE you can start pricing Bitcoins in Billions)
Summary don't be stupid, don't be dumb, don't listen to anyone even me, do the math open a report of the worlds wealth and ask yourself why Fidelity gave Bitcoin a 100M - 1 Billion projection before 2050.
What you saw in the last years was I have to say to clueless people with stimulus checks, nerds with tech money pushing the price up, and fraudulent leverage exchanges running 100x purchasing power.
What do you you think if the world moves to a BTC supportive state with sovereign wealth? Institutional funds? Reserve banks?
Bitcoin will not replace Gold it will not replace central banks, Bitcoin is a new global decentralized
Planet Bond - Not a Government Bond, Not a cooperate Bond, this is a new form of something away from companies, away from governments, accessible anywhere. more secure than anything.
A Planet Bond.
And yes if this ends up playing out El Salvador will make (UAE) Dubai look like a 2nd world country.
Category Value ($ Billions, USD) Source
Silver $44 World Silver Survey 2019
Cryptocurrencies $244 CoinMarketCap
Global Military Spending $1,782 World Bank
U.S. Federal Deficit (FY 2020) $3,800 U.S. CBO (Projected, as of April 2020)
Coins & Bank Notes $6,662 BIS
Fed's Balance Sheet $7,037 U.S. Federal Reserve
The World's Billionaires $8,000 Forbes
Gold $10,891 World Gold Council (2020)
The Fortune 500 $22,600 Fortune 500 (2019 list)
Stock Markets $89,475 WFE (April 2020)
Narrow Money Supply $35,183 CIA Factbook
Broad Money Supply $95,698 CIA Factbook
Global Debt $252,600 IIF Debt Monitor
Global Real Estate $280,600 Savills Global Research (2018 est.)
Global Wealth $360,603 Credit Suisse
Derivatives (Market Value) $11,600 BIS (Dec 2019)
Derivatives (Notional Value) $558,500 BIS (Dec 2019)
Derivatives (Notional Value - High end) $1,000,000 Various sources (Unofficial)
For this experiment lets say the year is 2034
We start with 21,000,000 coins are now circulating
Estimated 35% of the supply is lost over time that can never be recovered
13,650,000 of the supply remain
60% of that circulating supply has been bought my sovereign states and retirements and treated like 30-year Treasury bond. 8,190,000 coins now sit and do not move unless country funding is needed similar to the FED holding Gold.
5,460,000 of the supply remains liquid and publicly traded
how do we get Bitcoin to $10,000,000 from a small 21k price?
$54,600,000,000,000 Yes 54 Trillion in Marketcap impossible!
Take just 5.3% from the Stock markets to the Global Wealth that's all you need.
(This is not even including derivatives that can use country backing to leverage to prop up debt purchased, If you include derivatives in the future with unlimited QE you can start pricing Bitcoins in Billions)
Summary don't be stupid, don't be dumb, don't listen to anyone even me, do the math open a report of the worlds wealth and ask yourself why Fidelity gave Bitcoin a 100M - 1 Billion projection before 2050.
What you saw in the last years was I have to say to clueless people with stimulus checks, nerds with tech money pushing the price up, and fraudulent leverage exchanges running 100x purchasing power.
What do you you think if the world moves to a BTC supportive state with sovereign wealth? Institutional funds? Reserve banks?
Bitcoin will not replace Gold it will not replace central banks, Bitcoin is a new global decentralized
Planet Bond - Not a Government Bond, Not a cooperate Bond, this is a new form of something away from companies, away from governments, accessible anywhere. more secure than anything.
A Planet Bond.
And yes if this ends up playing out El Salvador will make (UAE) Dubai look like a 2nd world country.
Category Value ($ Billions, USD) Source
Silver $44 World Silver Survey 2019
Cryptocurrencies $244 CoinMarketCap
Global Military Spending $1,782 World Bank
U.S. Federal Deficit (FY 2020) $3,800 U.S. CBO (Projected, as of April 2020)
Coins & Bank Notes $6,662 BIS
Fed's Balance Sheet $7,037 U.S. Federal Reserve
The World's Billionaires $8,000 Forbes
Gold $10,891 World Gold Council (2020)
The Fortune 500 $22,600 Fortune 500 (2019 list)
Stock Markets $89,475 WFE (April 2020)
Narrow Money Supply $35,183 CIA Factbook
Broad Money Supply $95,698 CIA Factbook
Global Debt $252,600 IIF Debt Monitor
Global Real Estate $280,600 Savills Global Research (2018 est.)
Global Wealth $360,603 Credit Suisse
Derivatives (Market Value) $11,600 BIS (Dec 2019)
Derivatives (Notional Value) $558,500 BIS (Dec 2019)
Derivatives (Notional Value - High end) $1,000,000 Various sources (Unofficial)