Bitcoin: Unveiling Gold 2.0 & The Potential For $1 M Amid Scarcity
Moi kaikki – hi all. Pekka Kelkka aka Papa Blockchain here! Welcome to Papa Blockchain uncut web3 education channel.
This video & the post are about numbers, facts, and opportunities. Everything changed in the twinkling of an eye when the biggest Asset Management company Blackrock applied for the Spot Bitcoin ETF.
…and all the other big Asset Management companies and banks followed,
Blackrock has applied au to this point 575 ETFS. Only one (!) was denied. The BTC ETF will be approved. Period.
This all means there will be enormous demand for Bitcoins…and very little supply.
Bitcoin is said to be Gold 2.0. Gold market cap is $12,7 Trillion Bitcoin’s market cap is $600 Billion.
20x opportunity for Bitcoin in the short term?
There are only less than 2 million Bitcoins left to be mined. The last Bitcoin will be mined in 2140.
Demand is huge now and from now on.
One Bitcoin will be $ 1 million after a couple of bear markets. Not financial advice. DYOR, Do Your Own Research.
Bitcoin is Gold 2.0.
Ethereum will be the World Computer
The next big upgrade on the internet will be Web 3.0. A big percentage of applications and data will run on Web3. A big portion of these applications and data will run on Ethereum.
Which will have a bigger market cap Gold 2.0 or the World Computer.
Will Ethereum flip Bitcoin from the number one spot on digital assets’ market cap?
Watch the video to see and hear my answer. You may be surprised…
The entire Crypto market cap today is $1.2 Trillion.
The global market cap for equities is $177 Trillion.
Can Cryptos market cap be one day on the same level as the equities market cap? Many of you say absolutely NO. I don’t say NO.
This post and video have a lot of interesting numbers. Factual numbers.
What do you think? Is the CEO of the biggest Asset Management company Larry Fink wrong when he says;
