Good post. There is no real limit to how high bitcoin can go because there is no limit to how low fiat can go. A single satoshi has more intrinsic value than all the fiat currency in the world.
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Good post. There is no real limit to how high bitcoin can go because there is no limit to how low fiat can go. A single satoshi has more intrinsic value than all the fiat currency in the world.
Right. As we all know, the intrinsic value of fiat currency is zero. And all fiat currencies will return to that level.
From that perspective, 1 bitcoin will be worth a godzillion dollars. Of course, there are other factors to take into account, so let's just be realistic, and say that bitcoin will shoot for the moon.
LOL yes the moon is the most realistic destination.