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Lonelypumpkins on Nostr: A thought about framing...$100,000 sounds expensive...2.4x median US income. Another ...
A thought about framing...$100,000 sounds expensive...2.4x median US income.
Another way to frame it is in the context of $900T of global assets. That number is ofc kind of augmented d/t all kinds of BS debt shenanigans, however it's a reference point.
Current BTC market cap...$2T
Current global assets...$900T
BTC currently makes up 0.22% of global assets. Gold is about 9x that (~2%). Is it reasonable for BTC value to reach that of gold, 2% of global assets? 5%? 10%?
Another way to frame it is in the context of $900T of global assets. That number is ofc kind of augmented d/t all kinds of BS debt shenanigans, however it's a reference point.
Current BTC market cap...$2T
Current global assets...$900T
BTC currently makes up 0.22% of global assets. Gold is about 9x that (~2%). Is it reasonable for BTC value to reach that of gold, 2% of global assets? 5%? 10%?