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This I think will be the driver to 1M and above, when sovereign acquisition occurs in earnest and it will.
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This number assumes BTC fully replacing gold... and then some. Which I doubt will happen. One may dream though.
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The USA would never lose it`s monetary advantage and will never let some other national currecny to dominate the world.
And by the way,bitcoin can be destroyed.
But BTC is not some other national currency. That's the beauty of it. And I daresay it would be really hard to destroy in a way that doesn't take the rest of the world with it.