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Exciting! MicroStrategy CEO Thaler claims, "By 2045, one Bitcoin will be worth $13 million."
This means Bitcoin would need to reach a market capitalization of $273 trillion within 19 years.
To help you understand what $273 trillion means:
All stocks worldwide → Approximately $140 trillion
All vehicles on Earth → Approximately $15 trillion
All gold ever mined → Approximately $34 trillion
All silver in the world → Approximately $4 trillion
Total assets of the US banking system → Approximately $24 trillion
Total global residential and commercial real estate → Approximately $105 trillion
Every piece of art, watch, and collectible → Approximately $15 trillion
So, is his prediction of BTC reaching a $273 trillion market capitalization within 19 years too ambitious, or are we simply incredulous?
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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