Think about this,
There is $900 Trillion in total global asset value. That's broken up between #RealEstate, #Bonds, #Money, #Equities, #Cars, #Art, and #Gold. As of today, 1 Dec 24, #Bitcoin market cap is only $1.9 Trillion. To pass gold, Bitcoin market cap needs to 18x and that's if everyone kept their gold and doesn't exchange it for Bitcoin. So in short, only about 2% of global assets need to flow out of the current store of value into Bitcoin to 18x in market cap. Have a great day.
China's quantitative easing efforts could ignite a massive surge in Bitcoin prices. We already know that Bitcoin’s value grows when fiat currencies are devalued through stimulus and government interventions. The volume of yuan credit created ( $1.59 trillion in September alone) will approach the scale of dollars printed by the U.S. in response to COVID during 2020-2021.
Secure as much Bitcoin as you can as soon as you can. 📈
#Bitcoin #RealEstate #Nostr #China #Economics