Friday, 15 October 2021

Michael Saylor: "Bitcoin will subsume gold then it will subsume negative yielding sovereign debts"

Me: Wtf is negative yielding sovereign debts?

Google negative yielding sovereign debts market cap.

USD 18 TRILLION https://www.bloomberg.com/news/articles/2020-12-11/world-s-negative-yield-debt-pile-at-18-trillion-for-first-time

Holy smoke! Bitcoin market cap is 1T right now, it has a lot of room to grow, 19x is not bad at all :P

Pull calculator out $53,038 x 19 = $1,007,722

I could live with that :)

submitted by /u/JunoKat
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