Isn’t that a 1.05 quadrillion dollar market cap?
Wouldn’t that assume that like 75% of everything is capitalized in bitcoin, derivatives somehow acknowledged by the market price etc…
Or I suppose things will inflate to the point where maybe it’s only 50 or 25% of everything which would make a bit of sense…
Right things will be inflating along the way. Total global wealth will probably be 4 or 5 quadrillion at that time.
The inflation is what I think most people don’t “get”. Even bitcoiners who think they can sell their corn and “retire” seem to not acknowledge the devastation of inflation.