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The crypto market remained
bullish the last few weeks, causing a recent wave of optimism and euphoria
among traders, badysts and enthusiasts in general. Zone 5k supported
BTC, allowing the token to remain stable, reversing some indicators.
Having successfully held above 5k,
badysts believe that the strength of the bear market is losing its influence
and, with the halving in the horizon, many think that the cryptomarket is
from the next bull race.
Unlike the sentiment of 2017, most badysts today speak of conservative numbers. High expectations such as those of Tim Draper or John McAfee are considered exaggerated or unbelievable. Recently, however, an badyst has not dampened his mood by publishing a hyper-bullish prediction for the next few decades.
In a thread of 27 tweets, Twitter
Moon Capital explained that in about 10 to 20 years, BTC would have
become the first currency to reach a value of about 98 million dollars per
unit.
1 / This thread explains why bitcoin will become the world's first currency valued at US $ 98 million per bitcoin (in today's dollars).
Chronology: 1-2 decades
– Moon Capital [?⚡️] (@Moon__Rekt) April 12, 2019
BTC could replace Fiat .. And Gold
The unusual prediction explains why to reach this figure, the BTC had to maintain its traditional cyclical behavior but with the technological and financial evolutions typical of this industry.
This combination of circumstances could trigger the ideal scenario for BTC to become the currency of the world, replacing the global money supply. If this happens, the capitalization already increases by about 90.4 billion dollars.
In addition, investors could stop buying gold because of the possibility of using the BTC as a safer way. If the Bitcoin market absorbs 90% of the total capitalization of gold, that would represent about 6 900 billion dollars.
This
give the BTC the level of influence needed to allocate resources
capitalization of other financial markets such as bonds, equities, equities,
housing and even public investment close to 5% of GDP.
Under
In this hyperoptimist scenario, the BTC would earn about $ 294 billion
capitalization, becoming the "new global unit of account". This
price would total approximately $ 98 million for each available token.
Until now, it is still very early and it is indeed impossible to predict the future, especially when it is a scenario as optimistic. Most banks are developing financial solutions based on blockchain technologies, precisely to compete with BTC and not to adopt this pledge.
To read the complete badysis without having to sort an eact tweet, here is an article containing all Tweets. This is possible thanks to Wire Reader App
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