Bitcoin will get to $100,000. It’s a matter of time.
After that, it will get to $1 million.
After that, there’s no reason it can’t go to $10 million, or $100 million.
I used to think that only two things could harm BTC in a meaningful, impactful, significant way.
First, an unknown unknown, Black Swan event type of thing, and second, Satoshi Nakamoto.
A lot of people believe that if Satoshi Nakamoto’s BTC moved, or if he reappeared and sold, that would harm Bitcoin.
I gave it some thought, and I’ve changed my mind completely. I don’t think it would actually.
I mean, in the short term, no doubt, but in the long run, not really.
People are investing in BTC because it’s a superior form of money. It’s immutable, it can’t be corrupted or altered, and third parties and middlemen have no impact on it.
In other words, we trust its technological prowess, and that wouldn’t change.
Which brings me on to the only thing that could damage it, and I think the only think that could stop Bitcoin is an unforeseeable catastrophic event of technical nature.
I can’t even begin to imagine what that might look like, but it would have to be something that ‘breaks’ Bitcoin. Not morally or practically or ethically, but technically.
bitcoinea 
Leave a comment