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WCP: ARE YOU READY FOR THE GREAT DEPRESSION OF THE 2020's?

  • Broadcast in Education
Faheem Shuaibe

Faheem Shuaibe

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  1. 1BTC = Status Symbol (Veblen Good)
  2. 1BTC = 3/1000 richest in the world (0.003). This makes you an “Ultra-High Net worth” individual (have + $30 million in assets) which, currently, means that you are a shareholder in 11.3% of (all) global wealth.
  3. 0.28 = 1%’er in a bitcoin world (regardless of the “price of BTC”)

The price of Bitcoin will reach $100k per BTC no earlier than 2021 and not later than 2028 [which means by owning one you will be in the top 10% of wealthiest people and are sharing in 84% of global wealth. And after 2028 the price will never drop below $100,000.

The BTC  price will reach $1Mill. per BTC no earlier than 2028 and not later than 2037. And after 2037 the price will never drop below $1Mill.

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