Down the road maybe 2032 if btc is 600k with a market cap of 6 trillion it will not be tied to the other wealth sources.
The whole line of reasoning about the interconnections of large asset classes seemed interesting to me. But after all, if to think about it, all assets, even large ones, are part of the global world economy, and even when an asset ceases to follow the patterns of some larger assets, it still remains interconnected with them. Then, logically, the model of interaction and interdependence of graphs simply becomes more complex, but still does not disappear. Isn't it?
Fuck you finally did a really good post. I will have to merit it.
I have two older friends that were bankers.
I am 66 they are 76 and 83.
They are wealthy not billionaires but say 25 million and 35 million for each of them.
I am way poorer then they are maybe 1/10 the wealth.
Both of them are well diversified and have the ability to do nothing and live well or do more and live well.
I met more friends of them some worth 5 million some worth 50 million one worth 800 million.
All are 10-20 years older than me.
First off everyone of them would give at least half their wealth to be forty vs 76-86.
All of them are not looking to burn their wealth. They play around with various investments more or less for a hobby .
So shifting from bonds to metals to real estate to stocks to cash is something they all do.
They all like BTC as one more value/wealth bucket to shift into.
All of them hodl and churn their holdings. They pay attention to ratios.
They all like the idea of fleeing the country and having a wallet when they are in a safer country.
So my look at the upper 1% is a bit skewed as I know guys in the 25-800 million dollar range.
Obviously they are in the lower part of the upper 1%.
But they really match your question close to perfectly.
So yeah the interrelationship of wealth/value buckets 🪣 will change as one grows more than the other .
Silver was 50 usd in the late 70s gold was under 400 say 8 to 1
now silver is 25 and gold is say 2000 say 80 to 1.
so those buckets shifted bigly.
to say btc cap at 600,000 billion and gold cap at 12 trillion is 20 to 1
I could see btc gaining and being 6 trillion cap vs 12 trillion gold say 2 to 1.
The real question is not that
stock up btc up
gold up btc up
but how much leaves the wealth/value buckets of all the other assets.
and fills the btc wealth/value bucket.
Poll
