I know 1 satoshi = $1 is pushing it
It took 9 years to give 70% of US homes broadband internet.
If only the US would get into Bitcoin at the same rate that would be $55 billion (70% of 1.46m households with $54k per household per year).
That would put bitcoin atleast in the range $4000 to $10000 with todays mined coins.
Then take two bitcoin halvings in oncomming 10 years and we go to $16k to $40k a coin.
Now take the above and imagine China, India or Europe getting in then $100k to $1m a coin isn't such a far stretch.
$100m a coin will be a far stretch but could happen once all coins are mined
IF 1 satoshi=$1, then market capitalization of bitcoin=2.1 quadrillion $$ or 2100 trillion. World GDP is 71-81 trillion. Total world wealth is 241 trillion, so with 4% world GDP and similar % of wealth growth, I guess, it is possible in ~90 years or around 2104 if all wealth will be in bitcoin.
Someone please explain how this is even possible?? This system is not sustainable... Many big people in bitcoin know this & are pulling out. Good luck to you all!
