Yeah I think people are still stuck in Bitcoin “as a stock” thinking so they instinctively put a cap on upside, they don’t understand that it is money and thus the TAM is effectively everything in existence. 

It actually creates a dilemma for Bitcoiners in a sense. If you want to invest in your own business or buy a house you gotta realise that parting with Sats is going to seem like a bad idea in hindsight.