Not ONE Million ... ONE HUNDRED MILLION!?!
"Bitcoin (BTC) is on its way to world dominion, and any currency that stands in its way will experience demonetization or Hyperbitcoinization. Those are the sentiments held by leading cryptocurrency philosopher, Daniel Krawisz, who believes the cryptocurrency will be worth $100,000,000 by 2030.
"Hyperbitcoinization is a state in which bitcoin is expected to become the world’s dominant form of money..."
Continue to read at https://finance.yahoo.com/news/bitcoin-btc-worth-100-million-081919306.html
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100 mil would be equivalent to nearly 2000 trillion market cap for bitcoin alone. For this to be possible, the dollar would have to be worth next to nothing. What good is a 100 million bitcoin if it takes 1 million to buy a loaf of bread? At some point these comparisons break down to meaninglessness.
This kind of dominance of a single crypto is unlikely. We are much more likely to have a few dozen coins all with relatively similar market cap. There's a name for everyone under one umbrella: it's called centralization.
I agree with you a lot here. But the possibility (fear) of the USD becoming worth next to nothing is not toooo far-fetched, and is part of what drives cryptocurrency adoption. Being able to afford 100 loaves of bread would be great, esp cpmpared to those with no btc, and if dollars are useless.
I agree that these numbers only work if one crypto - btc - is dominant. It's more likely that there will be a few, similar to how Visa, Master Card, Amex, Discover are now.
do u really think bitcoin will cross 10000$?
I'm optimistic that it will reach $1,000,000 in under 10 years .. this report detailing how it might hit 100x that (by truly replacing fiat and becoming the entire world's dominant currency) is pretty shocking.
So ur saying there’s a chance!
Haha, YES!
@ibringawareness Thanks for informing us but I'm quite confused that bitcoin can really reach $100 million but nobody knows the future, because it can be or not, by the way, great blog
Thanks for the feedback - just buy and hodl! It'll be worth more than it is today I'm pretty sure.
Maybe in our dreams. It can be big but this amount seems absurd.
Maybe in our
Dreams. It can be big but this
Amount seems absurd.
- feelsomoon
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Good return, thanks. Your upvote added $6usd to my pending payout, so for the 3 Steem (x 1.35 usd = $4.05 invested) that's practically a 50% return in minutes. Will keep using you - is that return about normal for you?
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Good return, thanks!
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That's a good return, thanks!
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Another good return, thanks!
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Thank you for the good return!
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Good return, I'll prolly go in more with you next time!
Hey! I found your account on steemit and I wanted to ask you if youd be willing to join a telegram group where we can post urls for our blog posts on telegram. That way we can grow faster and have a strong support group. The telegram group is meant for people on steemit with high SP, so that way we dont have people in that dont pull a lot of weight.
If you think about if we had 30-40 members each with 20k SP each we could be making a few bucks on each post we make! if youre down for this project hmu on my snapchat luisbox98. If you dont have ny of those options just reply to me here ! :) The telegram group is for upvoting purposes only
Well I've nowhere near 20K SP, and I'm powering down so my vote isn't worth much. I'm powering down tho, to use the good upvote bots, so early votes for my articles will bring nice curation rewards. You and those in your group would do okay by following me and voting early.
Hey! I found your account on steemit and I wanted to ask you if youd be willing to join a telegram group where we can post urls for our blog posts on telegram. That way we can grow faster and have a strong support group. The telegram group is meant for people on steemit with high SP, so that way we dont have people in that dont pull a lot of weight.
If you think about if we had 30-40 members each with 20k SP each we could be making a few bucks on each post we make! if youre down for this project hmu on my snapchat luisbox98. If you dont have ny of those options just reply to me here ! :) The telegram group is for upvoting purposes only