Bitcoin is a flight-to-safety asset: the most secure way to get wealth thru a crisis, if held securely from threats raised by that crisis.
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I agree with this - curious at what market cap you’d expect this to change... ?
It won't change until the market cap has stabilized, which is more likely than not at a much higher level many years from now, but it wouldn't be volatile if there weren't a great deal of uncertainty involved.
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Right, we’re on the same page. Was just curious, specifically distinguishing between inst ivestor spec dollars and ‘flight to safety asset’ dollars, what your expectation was for a ‘much higher level’. Much higher than the $2-8T gold competitor cap?
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