My long-term model
BTC valuation model based on pricing in of future growth and inflation .
BTC is targeting global household wealth (currently at 500T)
As the world experiences growth from technological progress, so does wealth. BTC - a representation of wealth - can not expand in supply to account for growth and has to expand in price instead.
BTC is targeting global household wealth (currently at 500T)
As the world experiences growth from technological progress, so does wealth. BTC - a representation of wealth - can not expand in supply to account for growth and has to expand in price instead.
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