Hello steemians!!! I came across an interesting article describing the growth potential of bitcoin. I write out to you briefly what I found interesting.
"One of the main factors in the growth of bitcoin's cost is its deflationary rate - in all, no more than 21 million units will be issued in circulation. At present, there are less than 17 million. For comparison, now there are more than 1.5 trillion American dollars in circulation and this number continues to grow, as the US government continues to print money. Those. if hypothetically assume that bitcoin completely displaces the US dollar from turnover, then the price of the first crypto currency should be at least $ 70,000 (at current dollar value, of course).
The volume of the world gold market exceeds $ 8.2 trillion. And if bitcoin can take only 10-15% of this market, then its price will be over $ 50 thousand, and if half - then all $ 200 thousand.
The volume of the world market of all fiat money is estimated at more than $ 31 trillion. And, again, if hypothetically the bijectin once supplants them, then its value should be about $ 1.5 million. If it takes only a tenth of this market, then its cost will reach $ 150,000.
If bitcoin once becomes the single currency of the whole Earth, then its value of $ 1 million will not seem so big. The population of the Earth now exceeds 7 billion people. If all bitcoins are distributed evenly among all the inhabitants of our planet, then each will get less than 0.003 BTC. With a price of 1 bitcoin, $ 1 million is only $ 3,000.
When the Internet appeared, many in the world also perceived it skeptically and did not believe in the potential. Today, the Internet has almost supplanted paper mail letters and seriously pushed the telephony, especially the international one. The Internet almost killed the paper daily press and presses television. And it happened for some last 10-20 years.
Bitcoin is 9 years old and he can repeat the success of the Internet - to squeeze out fiat money and seriously push gold into the financial markets.
A new monetary paradigm is born before our eyes. "