Even if it wasn't exactly $1 million, but somewhere much higher than our current price. What would really happen? Obviously the world would have many new multi million/billionaires. How would these people spend their money? How would it effect the global economy or those who did not own any Bitcoin?
Some experts have said that Bitcoin would only ever reach such a price if there was some sort of disaster involving the government/the global economy. Would those problems outweigh any potential benefit?
Not speculating on the price, just speaking in hypothetical terms looking for other peoples thoughts or ideas. If you have any thoughts, please share them with me.