Today, the prince talks about the long-term view of Bitcoin reaching 5 million USD and Ethereum reaching 150,000 USD. (Short-term traders, move aside)
The total global asset scale is 900 trillion USD, expanding at a rate of 10% per year, with 1% flowing into crypto, which means a tenfold increase.
The total scale of global assets includes real estate, stocks, and the debts owed by every country, roughly around 900 trillion USD.
Currently, the market value of Bitcoin and cryptocurrencies is less than 3 trillion, with Bitcoin accounting for half, so if just 1% of funds enter the market, it could directly lead to a tenfold or twentyfold increase.
You need to have a more macro perspective, so you won't be swayed by temporary fluctuations.
Moreover, this 900 trillion is expanding every year, taking a basic figure like a 10% inflation rate. Why is it expanding? Because houses are still being built, money is still being printed, and assets are continuously inflating, thus expanding at a rate of around 10% per year.
This asset scale is constantly being raised, and if you hold cash in your hands, the long-term logic is that it will eventually be worth zero.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.