The Population of our Planet has reached in excess of 7 billion humans alive. Of this 7 billion, 2 billion are connected and have bank accounts with ATM and Credit Cards. They are also on fb and PayPal.
Those 2 billion are right now clicking their mouses and they are buying or accumulating Bitcoin or BTC, the new global currency without a Central Bank nor any borders. The other 5 billion plus will be the real driver though.
Those 5 billion have no job, no roof, no social security, no bank accounts and no ATM and Credit Cards BUT they have Access to the Internet and Cell phones and it is those 5 billion humans (variation plus minus 50%) that absolutely need and can make best use of Bitcoin. The acceleration is happening now plus 3 years.
And here came Bitcoin making front pages @ USD 10’000 in early December 2017. Where will it go to? I say in 3 years 1 BTC @ USD 20 Million at least. BTC will stop rocketing @ 21 Million Bitcoin issued no more than that.
It is further proof that humanity can not escape the digitalisation, but it (humanity) will adapt to the disrupting tech that is advancing in to every corner of our lives. I think the art is to spot the next big thing and this is a daunting task as only a few racehorses will make the finishing line and that includes Bitcoin.
I see a potential of 2 to 20 Million Euro per Bitcoin in the next three years up to the final issue of 21 million Bitcoins. From there on the plateau of this new global currency without borders will be formed.
A hint to this is the denominations down to a Satoshi. Each unit of bitcoin, or 0.00000001 bitcoin, is called a Satoshi. A Satoshi is the smallest unit of Bitcoin. Today December 2017 a Satoshi represents only 0.00000001 BTC. At today’s price of 1 BTC at the time of writing of USD 18858.- a Satoshi is only worth 0.000188 USD Cent.
It is this very arithmetic Satoshi denomination that absolutely needs to reach a minimal FOREX value of 1 USD Cent only then it is complete. Hence, the Billion Dollar Hint is hidden within the logic question of all questions: Why create a Bitcoin that allows to be denominated down to a single 1 Satoshi?
Answer: Because 1 Bitcoin is designed to be worth at least 2 Million Euros, I tend to put the value to 20 million in 3 years as Bitcoin transcends into all corners of global payment. It has only just begun.
I bought at 10’000.– worth on a BTC recently this month in 2017 and I thought that it will be all lost, maxed out. And today I am so happy and I feel reconfirmed with the BTC price dynamics today @ 18’500.- USD (New Historic Record at Time of Writing). It will be at a high grade parabolic multiple from here on in my personal view(!) It is like Pure Alpha at its Best.
In short: You type today in 2017 into your Chrome browser the letter „f“, and you get facebook.com. Imagine, tomorrow, 2018 bis, you type the letter „b“ into your Chrome browser and you will get Bitcoin.com.
Enjoy the ride. But also fasten Seat Belts. The trend can not be ignored, vector is up. Remember the rise of www going absolutely Global into all corners of our daily lives? Bitcoin is on its way and there is no stopping, the apocalypse of the final destruction of FIAT money has just begun.
And we all know and daily feel of the pain about the inflationary failure of FIAT money. The call for something completely new has merit, something new and more efficient had to replace it. Bitcoin will replace FIAT for good in my personal opinion.
„All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.“ Arthur Schopenhauer.