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The denominator is the 21M fixed supply. Of course 100,000 is way too cheap. Real estate is 300T plus and fiat has no bottom.
Simply Bitcoin is a NGU obsessive click bait pusher. I like the people but it’s a show that obsesses over it having to somehow 10 , 20 , .30 x or it’s not a bull market. We’re already doing great. Just stack sats 🤙