Post
Topic
Board Bitcoin Discussion
Re: Interview with VORTEX: Bitcoin to 1 Trillion USD market cap?
by
plainsight
on 23/09/2019, 05:06:47 UTC
Maybe not a moonboy! But definitely it's a speculation without much substance to back up the claim! I am definitely not a negative guy and I would love to see 1 trillion usd market cap, because then I will be able to pay off my mortgage and probably be able to buy a backup property! But I prefer to live in reality. I hope to see such market cap of 1 trillion at least in my lifetime!

He pretty much just said that bitcoin would need a 1 trillion marketcap for people actually take it really seriously, in contrast to it's current state whereas it's pretty much a niche project/asset. Not sure if I agree with that or not, but it's debatable and it makes sense a bit. It's not a "bitcoin will be have 1 trillion marketcap in *insert date here*. Again, listen to the podcast.

He wasn't being sensational or dramatic at all, so I think we agree on that. Her was merely stating that it is still early days, things may take a lot long than people expect but he is hoping for BTC to have a market cap of 1 Trillion USD by 2024 and to be built into most smart phones (think: Lightning node default installed on phones) kind of like how Netflix is being built into smart TVs lately, and by 2028 for most governments to be openly holding it as a reserve asset. All plausible IMHO.