Oddbean new post about login | logout Global wealth is around $400 Trillion For Bitcoin to represent that value the price per coin would have to equal around $20 million. That's the ceiling for Bitcoin.
You’re not taking into account the money debasement
nope
Fair point well made, I can't see any flaw in your argument.
oops i said everything in my head just now. consider, energy is unlimited. hence, no ceiling 🙂
You are right, but not yet.
meh. ngu forever, since 2009. bitcoin is eating the world/universe. unless it breaks 🤣🤣🤣
There is no ceiling for ₿itcoin’s ability to absorb purchasing power. It ♾️.
The value of each bitcoin totally depends upon the amount of bitcoin that will circulate on the network. It’s quite hard to calculate.