How $1M per BTC is still less than 2% of Global Assets (Patreon)

Many think they are too late to Bitcoin.

Let's break down the math:

• Current Bitcoin Price and Market Cap:

  • Bitcoin Price: $100,000

  • Market Cap: Approx $2 trillion (really 1.9 but just for arguments sake)

  • Number of Bitcoins in Circulation: Assuming approximately 19 million bitcoins are in circulation (as of recent data), the calculation for market cap would be:

    • Market Cap=Price per Bitcoin×Number of Bitcoins

    • 2 trillion = 100,000×19 million

• Global Assets:

  • Total Global Assets Today: $1 quadrillion ($1,000 trillion)

• Bitcoin at $1 Million per Coin:

  • If Bitcoin were to hit $1 million per coin, the new market cap would be:

    • New Market Cap = 1,000,000×19 million

    • New Market Cap = 19 trillion

• Percentage of Global Assets at $1M per coin assuming Global Assets do not go up - and they will fast with the global money printing:

  • Percentage = (19 trillion1,000 trillion)×100

  • Percentage = 1.9%

Basically still peanuts.