These so-called experts on the financial channels are making crazy predictions on BTC. One guy just said 13 million a coin within 20 years. They have no comprehension of what that would actually mean…Saylor has said the same and it just makes you wonder what type of idiots they are…if BTC was $13m that would be a $273 Trillion market cap, which to put it in context, the total value of all global financial assets (stocks, bonds, loans, etc.) is approximately $400 trillion. However the biggest error of comprehension is that in order for BTC to appreciate you have to sell/exchange some other asset. Alternatively to reach that $ price all Fiat currencies plus US Dollars would have to hyper inflate (and by corollary collapse the entire banking system), which is especially unlikely as AI is massively deflationary. I think it goes to $285k. Saylor is BTC maxi hype guy #1, so obviously he has a big incentive to exaggerate and others happily reproduce that for clicks as well.
I mean there is another 10x difference to the gold market cap atm, which is sth that I see reachable in the remote future for BTC. But it has become an institutions coin now, which somehow was necessary to even get BTC to the current market cap.
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