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RE: What gives Bitcoin value?

in LeoFinance4 years ago

The $3 million valuation sounds crazy on the surface, but when you dig a little deeper into the numbers you'll soon see that it's totally attainable.

When I'm asked by crypto-n00bs how much I think Bitcoin will be worth, I always just say the arbitrary $1 million dollars.

It always gets a laugh and I usually just go along with it.

But in all seriousness, when you take into account institutional flows and coming supply side shocks, the $1M number is actually a very conservative valuation.

Stack your sats and put that Bitcoin away in cold storage :)

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