Sorry, there is not 20 million people in the USA owning Bitcoin or other digital assets. A Generous estimation would be 1.1% which is 3.85 million people and even that still seems high. Perhaps even .5% could be more accurate.
Bitcoin is still seen as an ultra risky asset and largely not understood by a population who barely understand the difference between a web browser and google search. No way does 20 million people own this yet. Perhaps not even worldwide. I could be wrong there but I don't see any evidence of that yet.
Exactly
And if the above quote is correct, which I 100% believe it is, then where will be be when something like 25% own it? What will cryptos marketcap be then?
The big jump hasnt happened yet.
Quarter million to 1 million BTC is mathematically in the cards