maiakee on Nostr: With Bitcoin’s current supply of 19.79 million BTC and a $96,000 price(estimation) ...
With Bitcoin’s current supply of 19.79 million BTC and a $96,000 price(estimation) ($1.899 trillion market cap), its potential to capture value from gold’s $18.048 trillion market cap results in the following scenarios: (if)
• 10% Capture: Bitcoin price rises to $187,150.
• 50% Capture: Bitcoin price rises to $551,600.
• 100% Capture: Bitcoin price rises to $1,007,810.
Key Drivers
• Bitcoin is portable, divisible, and easier to store than gold, appealing to modern investors.
• Growing recognition as “digital gold” positions Bitcoin as an alternative store of value.
Challenges
• Gold’s long history as a store of value and its industrial uses could limit Bitcoin’s market share.
• Bitcoin’s volatility and regulatory risks remain concerns for some investors.
Bitcoin has significant upside potential but would require broader adoption and trust to fully rival or replace gold.
#Siamstr #nostr #btc #Bitcoin
Published at
2024-12-06 12:33:48Event JSON
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"content": "https://image.nostr.build/d13813ed3b068b947771de1eb450b981608d2c57f2fe04e995b114253bb5f469.jpg\n\nWith Bitcoin’s current supply of 19.79 million BTC and a $96,000 price(estimation) ($1.899 trillion market cap), its potential to capture value from gold’s $18.048 trillion market cap results in the following scenarios: (if)\n • 10% Capture: Bitcoin price rises to $187,150.\n • 50% Capture: Bitcoin price rises to $551,600.\n • 100% Capture: Bitcoin price rises to $1,007,810.\n\nKey Drivers\n\n • Bitcoin is portable, divisible, and easier to store than gold, appealing to modern investors.\n • Growing recognition as “digital gold” positions Bitcoin as an alternative store of value.\n\nChallenges\n\n • Gold’s long history as a store of value and its industrial uses could limit Bitcoin’s market share.\n • Bitcoin’s volatility and regulatory risks remain concerns for some investors.\n\nBitcoin has significant upside potential but would require broader adoption and trust to fully rival or replace gold.\n\n#Siamstr #nostr #btc #Bitcoin",
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