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Rajat Soni, CFA
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This is the biggest bubble in history
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Rajat Soni, CFA
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To someone who doesn't understand Bitcoin, $1M/BTC seems like a crazy estimate that has no basis To someone who has studied bitcoin, $1M seems bearish, because they know Bitcoin's price has no ceiling
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The number of US Dollar millionaires is infinite because the number of dollars that can exist has no limit If everyone will eventually be a millionaire, what will $1M buy? Instead of stacking dollars (something with no supply limit) buy Bitcoin (a finite supply asset)
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If someone claims that they understand bitcoin But they don't own any They don't understand Bitcoin
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Sold some old clothes to a vintage store Got $29.40 CAD Converted to Bitcoin immediately and got 20,218 Sats This trade will age well
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What happens to Bitcoin's price when major banks start accepting it as collateral for Bitcoin backed mortgages?
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