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$600,000 a coin. The single most convincing thing about Bitcoin

Bitcoin Reddit

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In my opinion, sometimes people get too complicated and think WAY to deep into a subject like Bitcoin. Sometimes you have to KISS (Keep it simple stupid) and that’s exactly what I do when it comes to my minimum price forecast of Bitcoin. When I think of Bitcoin I think of store of value. Something that holds value of long periods of time because it can’t be inflated supernaturally. When comparing Bitcoin to the worlds most commonly known store of value, Gold, the price points seem extremely clear. Every single characteristic of Bitcoin beats gold except for one, longevity. But scarcity, portability, usability, durability, and divisibility Bitcoin wins every one. So it’s simple to me. Gold’s market cap is over $10 trillion, and for Bitcoin to get to that same market cap, it would be worth $600,000 a coin (not including lost coins). $600,000 just equals Gold, but I think Bitcoin is far superior. It’s simple, KISS.

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