Can Bitcoin Grow Larger Than The Gold Market?
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Screw the narrative that #Bitcoin will replace #gold as a store of value (would need to approx 10X from here) BUT
think of bitcoin replacing part of the far larger BOND/Treasury market as more and more companies add Bitcoin as a reserve asset
(and wait until they realize they can earn interest on their bitcoin,…)
Bitcoin is the first coin one should start with.(not investment advice, just an opinion) Many people think they “missed it” and chase sh*t coin gas station lotto card tokens which is fine but no substitute for Bitcoin as the core crypto holding. With just 21 milllion 3-6 million lost in the early days and just 3 million yet to be mined over twenty years and corporations buying, it can easily 10x even from here. Once companies realize they can also loan bitcoin and earn 3-8% interest, more will do so. They supply demand dynamic will always favor bitcoin and litecoin in the long run
There are only approximately
3 million #Bitcoin left to mine of a total of 21 million and
15 million #Litecoin left to mine of a total of 84 million
In contrast there are already 32 BILLION Cardano (ADA) circulating
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