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rajatsonifnance / Rajat Soni, CFA
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2024-05-08 10:42:53

rajatsonifnance on Nostr: #Bitcoin is going to be millions, and even billions, of dollars. Most people can't ...

#Bitcoin    is going to be millions, and even billions, of dollars.

Most people can't see this happening because they can't wrap their heads around exponential growth and the concept that "price is determined at the margin"

There are ~1.7 million Bitcoin on exchanges

A lot of this supply is not available for sale

There are only EVER going to be 21M Bitcoin

Every one of the 8 billion people in the world can benefit from owning some

Let's say 100M people in the world want to eventually be whole coiners

1 is a psychological number

Owning 1 Bitcoin will differentiate the 0.0001% from the 99.999%

Do you think the people who control the world want fractions?

No

They want as much as possible

The people who have billions of dollars of wealth won't stop at 0.87 or 0.92

They'll pay whatever they can to reach 1!

The people who have 9.95 will pay whatever they can to get to 10

The people who have 98.43 will pay whatever they can to get to 100

There are levels to this

Of course, not everyone is going to be able to own a whole coin, because there are only 21M

3-5Mare lost forever

There are 60 million millionaires

There are ~3,000 billionaires

Every bitcoin is owned by someone, and it'll have to be purchased at the market price

There are a lot of people who own Bitcoin who will NEVER sell

The people who haven't hit their target will work as hard as they can to reach it

They'll get rid of everything they own that has a monetary premium

Some people own thousands of houses

You think they care about cash flow?

Do you really think these real estate investors need the cash flow?

They already have everything they could ever want

If you think they want cash flow, you haven't thought about this much

To the wealthiest among us, it's about control and reputation amongst their friends and the elite class of society

If they could, you don't think they will want to own 1 bitcoin?

Most of these people STILL think it's a scam

Once they get it, what do you think will happen to the market price?

Borrowing against Bitcoin will be easier and easier over time, so the Bitcoin that these wealthy people hold may NEVER go back into circulation

As more money is added to the fiat currency financial system, more of it chases Bitcoin as people realize that the Ponzi scheme is collapsing

The margin is the equilibrium price that buyers and sellers agree to make a deal

This margin will continue to increase as people compete to own bitcoin

1 Bitcoin, or 100,000,000 Satoshis is the psychological level right now

Next, it will be 0.1 Bitcoin, or 10,000,000 Satoshis

In the coming years, it will be 0.01 Bitcoin, or 1,000,000 Satoshis

Eventually, the value of the dollar as money will be so low that 1 Satoshi will be $1, then $2, then $5, then $10

There's your billion dollar Bitcoin

Stop waiting

Start learning about Bitcoin today

I created a video explaining how the financial system is rigged against us.

It's 96 minutes, in the format of a presentation.

Watching it may be one of the best financial decisions you make 👇

https://youtu.be/p3rgTOJDUaI?si=YLzUHaVPxPUSv_zZ
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