Gold is an ancient store of value.
Bitcoin is a modern store of value.. plus it is instantly transportable, weightless, exists wherever the internet exists including space, easy to store, impossible to seize or censor, it just does so much more than gold ever could.
Gold predictions going forward range from $5k per ounce to $20k per ounce. Lets say gold rises to $10k. Thats a 5x gain and a $50 trillion dollar market cap.
Bitcoin matching golds market cap is not unreasonable at all. I actually think its quite inevitable eventually.
If one day bitcoin and golds market cap are equal, at lets say around that $50 trillion market cap. This means a 5x rise for gold but, get this, a 250x rise for bitcoin and a price of $2.7 million per bitcoin.
That is simply mind blowing..
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