I think it’s closer than most think. Probably within a decade, 15 years maximum. Although it’s very hard to say, since it depends on the mistakes and failures of others to truly occur.

It would last until the majority of economic activity is denominated in Bitcoin. Realistically, this would probably be at least a 3 year transition once it begins in earnest. But it wouldn’t feel like a “cycle”, it would just feel like everything is collapsing except Bitcoin.

Debt can be manipulated only so long. At some point, reality always has to return. In fact, the decades of manipulation will make the collapse all the more spectacular. Realistically, it’s smarter to sell Bitcoin now than it would be at 1M dollars. You can still get back in now. Once it hits ~1M dollars, it theoretically creates a feedback loop where it accelerates the collapse of fiat due to its superiority. You’re never getting back in after a certain point, no matter how many paper dollars you have. https://video.nostr.build/eda6380a141418d20a3d617b358b220cecfb6e57141eb654c515d0786f5d35c7.mp4