A general calculation of assets and BTC
Total global assets ~ $900T
Roughly ~ 15M available BTC
If Bitcoin’s market cap acquires 1% of global assets, we have a $9 Trillion asset class.
$9T / 15M = $600,000 BTC
What are your thoughts on this
Where and how did you find the global assets are 900 trillion?
why do you think 15 million BTC are available?
https://www.blockchain-council.org/cryptocurrency/how-many-bitcoins-are-left/19 million are mined no matter what anyone says all 19 million are 'possibly' available.
Ie all 'lost coins' could simply be recovered and reissued by developers.Yes very simple... have fun with your new "developer" fork...
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So 1 percent = 5.2 trillion/ 19million = 273,684 USD a coin
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That's not the price 5.2 trillion going into BTC would generate.
It's the same like thinking that if someone bought 570 Billion $ of BTC now, it would only double the current price to 58000$.