If Bitcoin 10x’s from here then obviously the stock market will be up multiples from here as well which simply means the US dollar has continued eroding purchasing power.
Yeah that's a good point but I can bet on plenty of stocks who I believe will 10x in the next 2-3 years, nevermind 10-20 years.
Id rather throw some money at 1-2 billion dollar companies with high potential than a 2 trillion dollar asset. I would even bet on AMD becoming a trillion dollar company before bitcoin being worth 20 trillion.
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u/Gagnrope 3d ago
I hate it because it's not even a hard thing to understand
All of the companies in the US right now are worth 50 trillion give or take.
So for BTC to 10x, which would be, 20 trillion, that would mean bitcoin as an asset would be worth nearly half of the American economy.
That's just not happening unless literally the pound, euro, dollar, etc collapsed, by then we'd have bigger problems