“I think Bitcoin by this time will have reached about 20% of global purchasing power.

So, this would imply Bitcoin's market cap in 2031 dollars to be about $250 trillion.

So, that's about one-fifth of global M2 stored in Bitcoin.

Now, accounting for inflation, that means Bitcoin's market cap and today's dollars would be about $20 trillion.

So, in 2031 dollars, this is a very bright line to distinguish.

I think Bitcoin, by the year 2031, will be north of $12.5 million per Bitcoin.

But, adjusting for 2031 dollars to be about $250 trillion, it will only feel like north of $1 million per Bitcoin in 2021, because a dollar will have lost so much of its value by then…$12.5 million will spend like $1 million.”

Robert Breedlove

Robert Breedlove

  • Founder/CEO Parallax
  • Digital Bachelors of Science in Accounting and Finance
  • Master’s Degree in Accounting
  • His YouTube channel

Watch the Video:

Source: https://www.youtube.com/watch?v=pydsvHRbh74

Justin Bryant
Justin Bryant

I'm an entrepreneur, fitness freak, artist, car enthusiast, sports fan and self improvement addict. My goal is to help people be their best and create incredible businesses that change the world.

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