An interesting perspective. You could also make the argument when playing devils advocate that the 54 million millionaires are smart and wouldn't need to buy the bitcoin for $8k a piece if they didn't believe it was valuable. Say there are 17 million of a specific car that are only $8k, do you buy it because there will only be 17 million ever. What if they produce more of that similar car? Not a perfect example, but just because someone is a millionaire and there is a limited supply of something, doesn't mean they will necessarily buy it.
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Yup, plus, a decrease in demand would also mean a decrase in price.
It's good to read from multiple sources and analise them criticaly, for example, @jrcornel is pretty bullish on BTC at all times, wich isn't bad, but it's a thing you should keep in mind,
Also, well said!