3-5 years is pessimistic, we are rising quite well, around $2 per day(for the last couple of days), if we continue this trend we could reach it before the halving
rest assured that something big will happen before or aorund the halving, almost impossible that we will remain at this stage by then
Depends. Folks on here tend to be prone to two things.
1 - massively underestimating eventual values if it truly succeeded.
2 - the amount of time it would take to truly succeed. I think it's going to be an awful lot longer than many presume.
We tend to think of online commerce having taken over the world. In reality it's only 7% of US retail spending. A fine proportion but not that vast considering how long the concept has been around for now.
Obviously it's much higher if you take groceries out of the equation but there are still millions there who'll have nothing to do with it. If you can't sell them the benefits of lower costs and conveniences, a whole new type of money is that much more alarming to them.