Never.
For 1 sat to equal 1 dollar, the total market cap of bitcoin alone (never mind the rest of the market) would be 2,100 trillion dollars, which is more than 20x the GDP of the entire world.
For 1 sat to equal 1 dollar, the total market cap of bitcoin alone (never mind the rest of the market) would be 2,100 trillion dollars, which is more than 20x the GDP of the entire world.
Agree. We're not going to see the same percentage gains as we've had in the past, because it would take collosal amounts of new money coming in to achieve it.
Not to mention that last year bitcoin started to destroy it's network effect due to high fees. Merchants are abandoning bitcoin, but adopting alts. We are already at the stage where there are over a million transactions being done on the ethereum network alone. The money will move to an alt. Might be ether, might be ether + another alt.
