How many BTC have you secured?

When BTC is equal to 1 million USD, it is not because BTC is powerful, just that USD have become Zimbabwe Dollar

Account Olaf said:

Yes, you are right. And there are currently more than double that - 36M millionaires:

http://www.businessinsider.com/worlds-millionaires-own-nearly-half-the-total-wealth-2017-11

Even if only half of them wanted to own a single bitcoin, there wouldn't be enough.

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How many of those have enough to put $1million in to bitcoin just to say have a bitcoin. If you had $1million would you buy a house or a bitcoin.

What about the rest of the disposable income and other investments, just because they have a million dollars doesn't mean they have a million dollars they can do what ever they want with.

And then what about other coins, BTC has only been taking about 50% of cryptomarket share. Do you think they wouldn't split across other coins if they were to put into crypto?

Affwings said:

So you mean bitcoin millionaires?

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No, I mean millionaires in general. If each one of them would want a single bitcoin, there wouldn't be enough in circulation.

SamLewis said:

How many of those have enough to put $1million in to bitcoin just to say have a bitcoin. If you had $1million would you buy a house or a bitcoin.

What about the rest of the disposable income and other investments, just because they have a million dollars doesn't mean they have a million dollars they can do what ever they want with.

And then what about other coins, BTC has only been taking about 50% of cryptomarket share. Do you think they wouldn't split across other coins if they were to put into crypto?

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Of course, I don't really expect all of them to put that much into BTC, but its just to give some proportions of what could happen if BTC is accepted by the general population as digital gold.

Regarding alts, I think BTC will continue to dominate long term. With LN and other 2nd layer solutions, it will retain its position as digital gold, against which all other coins are measured.

Account Olaf said:

Yes, you are right. And there are currently more than double that - 36M millionaires:

http://www.businessinsider.com/worlds-millionaires-own-nearly-half-the-total-wealth-2017-11

Even if only half of them wanted to own a single bitcoin, there wouldn't be enough.

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Wealth and cash are 2 completely different things. You may own a factory but you don't own as much cash unless you liquidate it. People don't liquidate wealth to hold cash.