Oddbean new post about login | logout The global bond market is worth $120T. And total global debt is $400T. Imagine when these people understand Bitcoin. Let’s say 5% flows in. This makes 1 BTC worth $1M.
I think that 5% it’s too bullish, even in a 20years time period, but let’s see…👀
For now the price manipulators gonna manipulate …imho: they can do this as long as entities that are “too big to fail” can make losing bets on paper btc that have little effect on their bottom line…the eventual loss of confidence in the USD/hyperinflation likely changes this…a topic that will no doubt be in the eye of the BRICS+ hurricane this week …personally, ima take advantage of what I think is a supressed price and continue to DCA hard Full disclosure: u prolly shouldn’t take financial advice from someone who is retarded and proud o it https://image.nostr.build/e58c37fed02587388df81b71708582e6a8095d939319f8ab4cb2a9fc0c357b91.jpg
