Read_705 - Bitcoin's Full Potential Valuation [Croesus]

Thursday 2 March 2023
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"But for me, when I think about what Bitcoin’s properties are as a store-of-value asset and then compare those properties to the existing store-of-value assets out there… Bitcoin is by far the best.  For that matter, if Bitcoin continues to outperform because of its unparalleled properties (and the world begins to come to terms with the reasons for that performance), it is a real stretch to say that Bitcoin will only convince 30% of the money stored in bonds and fiat money to re-allocate to Bitcoin. Particularly because of the scale of inflationary money printing that will be necessary over the coming decade to service the mounting national debts and unfunded liabilities throughout the world." – Croesus Sure we are going to the moon... but how high might that be exactly? As a fun follow up to Aleks Svetski's "Three Generations" until we reach a Bitcoin world, let's have a little fun at imagining just how much wealth could be built in those generations. Check out the original for the tables and estimate

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