„If Mobius’s $10,000 call materializes, it will add to a miserable few months for the cryptocurrency market which has seen more than $1.3 trillion wiped off of its value this year.“
just curious - how would you estimate probability of BTC price being above 1M usd in 10 years? (those will be different dollars with different purchasing power but doesn't matter, it makes it even easier)
USD and any other fiat currency, because of their unlimited supply, are destined to lose value against any other commodity or currency with limited supply. It’s inevitable.
But I can see that Bitcoin was at 22.6K US$ in 2022, and now, a good 2 years later, it is at 75K US$. So if this continues, in 2 years, we will be looking at 500K US$, right?