If you want people to take you serious, then at least put some effort into making yourself not look like a clown. It's pointless to speculate about such insanely high prices while we haven't even been close to reaching the $10,000 level yet. If he would say that we would reach $10,000 within 10 years, I would strongly support his statement, but how can I do that with $1 million? Other than that, I do agree with his statement that people should allocate a certain percentage of their wealth to Bitcoin. People have been looking at the price reaching $1300, $1400, $1500, $1600, etc, and started thinking it was too late to invest - look where we stand right now, it's never too late!
I agree with you, $1 Million seems unrealistc, but $10k 5-10 years is quite possible.
But if we let us to indulge in fantasies for a while we can try to imagine what will happen if bitcoin will replace all the money in the world. There are roughly $75 trillion in the world right now. Since it is a very rough estimation say we have 20 million BTC.
75 trillion / 20 million = 3.75 million
So in that case 1 bitcoin will be worth of $3.75 million.
Hello guys!
So what is your forecast about
replacing all money with Bitcoin?
What will be the price then?
Is it possible? Do you have an interest in it for now?