>bitcoin reaches $1 million per coin
>literally hundreds of thousands of new millionaires with liquid assets
>implying this wouldn't lead to mass inflation
Bitcoin reaches $1 million per coin
Isaiah Bennett
Nathaniel Parker
BTC hitting $1million is at least 10 years away. by that time $1M won't be what is it today
Jayden Howard
I have been thinking about this too, all these marketcaps are for the most part wealth created out of thin air, but then I realise the stock market does the exact same thing by god knows how many orders of magnitude
Gabriel Bailey
isn't that what inflation means? ...
Adam Morris
>bitcoin
>liquid assets
At this rate in 10 years, it'll take 25 nuclear reactors and $4 million in transaction fees just to move them so maybe not
Robert Gomez
It will, fiat will get rekt, not my problem
Better for me to go up 10000% and lose 3% to inflation
Jonathan Butler
yup and those companies have 5 workers that they employ with 500million market cap
>cant into economics
Luis Carter
>liquid assets
Jaxon Cooper
you naive amateur investors scare me.
Bentley Collins
>There are actually people this dumb investing in crypto