Bitcoin is the 3rd revolution I'm living through
1st revolution was Personal Computer's which are now tablets and smartphones to many (1980's-2000's)
2nd revolution was The Net the age of instant free info (1990's-2000's)
3rd revolution was Digital Cryptocurrency (2010's-)
I honestly believe most here will be telling our grand kids about a thing we used to have called money that evil governments printed at will to fuel stupid wars.
They will ask, "Gramps, how did you become so rich?"
You will say, "Because I SAW THE REVOLUTION COMING and put lots of worthless government notes into tech notes you call BITCOIN."
After you've been front lines in a couple of revolutions you start to see them coming.
BITCOIN is like the Internet and the personal computer. It is the NEXT revolution.
Bitcoin had four ten-fold growth bubbles:- $0.05 per bitcoin. The start.
- $0.50 per bitcoin. First tenfold bubble
- $5.00 per bitcoin. Next tenfold bubble
- $50.00 per bitcoin. Next tenfold bubble
- $500.00 per bitcoin. Our current bubble
Next bubbles:- $5,000 per bitcoin.
- $50,000 per bitcoin.
- $500,000 per bitcoin.
For $5,000 to happen you need ONLY 0.1% acceptance of world population for Bitcoin. We are at 0.01% now.
$50,000 is just 1% of Gross World Product by Bitcoin. This produces the $50,000 bubble.
$500,000 per Bitcoin is just 10% Gross World Product by Bitcoin.
Can Bitcoin hit 10% growth of population?
Credit cards did and they reject 90% of the world.
Bitcoin rejects no one.
So Bitcoin will go in trade where Visa/Mastercard refuse to go.
So way over 10% of Gross World Product can eventually be Bitcoin.
10% of Gross World Product is $8.5 trillion.
Divide 12M coins into $8.5 trillion
$500,000 Bitcoin baby.
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The original poster of this was not me. Full credit goes to
this guy "domainbrokers". I liked his post so much that I wanted to share it.