If high net worth individuals buy bitcoin today they will not be going all in, they will allocate at most 5% of their net worth following the rules of their family or rules of their investment trust.
5% for someone with $1m is $50k (1 btc)
5% for someone with $10m is $500k (10 btc)
5% for someone with $100m is $5m (100 btc)
5% for someone with $500m is $25m (500 btc)
5% for someone with $1b is $50m (1000 btc)
It is insane to think a millionaire getting into bitcoin today would likely only buy one bitcoin. And a billionaire getting in today would only buy 1000 btc, which was worth $1,000 eleven years ago. The craziest part is the longer they ignore it or fight it the less they will get in the end.
And to top it all off bitcoin only has 1% global adoption and is only 1% of the way to its potential market cap meaning there's still potentially 100x adoption and 100x price appreciation to come.
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