I think itβs closer than most think. Probably within a decade, 15 years maximum. Although itβs 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 wouldnβt feel like a βcycleβ, 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, itβs 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. Youβre never getting back in after a certain point, no matter how many paper dollars you have. https://video.nostr.build/eda6380a141418d20a3d617b358b220cecfb6e57141eb654c515d0786f5d35c7.mp4
Good way of explaining it, I definitely agree with everything said here. I believe Iβve heard this before and itβs made sense to me specially when thinking about it happening 15-20 years from now without putting Quantum super computers in the picture, that would certainly change the timeline for me when thinking about this. But all in all I agree, letβs stack sats and hope for the best π€π«‘
Yes, this theory is only applicable is Bitcoin survives in a form similar to now