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2024-11-24 18:35:52We are about to witness the power of exponential growth in bitcoin. Many predict bitcoin's price to be in the millions one day. I am one of those people. Many also predict it will take 50 years to get there. I am not one of those people. Bitcoin has gone from $350 to $93,000 in less than a decade. Many believe the big growth is behind us. But only 1% of the world owns bitcoin. What about the other 99%? What happens when they're all trying to get their hands on a scarce asset with a fixed supply? It's something the world has never seen before. Let me say that part again. Something the world has never seen before. Let's use an example of exponential growth. Imagine a football stadium being filled with water. Every minute one drop is added. The number of drops doubles every minute. It goes from 1 to 2, to 4, to 8, 16, 32, 64, etc. How long would it take to fill the entire stadium? A day? A week? A year?! How about 50 minutes. And the crazy part - how full is it after 45 minutes? Most would guess 70-90%. Wrong. After 45 minutes the stadium is only 7% full. In the final 5 minutes, the stadium goes from 7% full to 100% full. I believe there are three triggers that will occur that will send bitcoin from $93,000 to $93 million. 1. Wall Street can participate 2. A major country starts buying as a strategic reserve 3. The price hits $1 million The first has already happened. The second one is likely to happen in a few months. And the third will follow shortly after. Wall Street was important because that's where all the BIG money is. The US strategic bitcoin reserve will force all countries to start printing money and buying bitcoin. And when the price hits $1 million, we will start pricing satoshis instead of bitcoin. 1 sat will equal 1 cent. In a decade from now, no one will know what the price of bitcoin is. They will know how much a satoshi costs. Keep in mind, there are 100 million satoshis in 1 bitcoin. Think of it like dollars and cents. This is when the exponential growth will kick in - and it's much closer than we think. Moral of the story? Don't focus on the price. Focus on getting as many satoshis as you possibly can. And invest some time and money into securing those satoshis. Jor 871781