How will it affect your life if bitcoin price comes to $1 million per bitcoin ?
Maybe now 1 btc = $1 million sounds like nonsense but in 2010 there might also be people talking nonsense that 1btc = $35k. It turns out that this has now become a reality
Imagine if that happened, maybe many people would become rich because bitcoin became very expensive. I hope I still have bitcoin when that price is reached. Bitcoin will become the most expensive asset and it is likely that bitcoin will already be accepted as a payment currency throughout the world. Maybe in 100 or 200 years, $1 million for 1btc will no longer be nonsense
If bitcoin can reach 1 million USD each then I'm pretty sure it will never be able to become a currency or payment method. Are you rich enough to use bitcoin for payments and pay a huge fee if 1btc = 1 million dollars? Furthermore, bitcoin is gradually becoming an asset and its path to becoming a currency is gradually closing. Some people won't like this but I think it's already happening, with the approval of ETFs, it's clear the world only sees bitcoin as an asset.
But I agree with you that bitcoin can touch 1 million USD in the future, it will take a lot of time but it can be achieved.