$133T Decaying Bond Marketcap - 0.5T Bitcoin Marketcap EarthBond

9 авг. 2023 г.

Its fun to compare bitcoin with Gold as a commodity for the similar attributes but Gold only has a small market cap of 12.928T and is very illiquid.

Yes Golds market cap is nowhere near the market cap of Government Bonds.

We have a global CPI / inflation problem where "smart money" is getting anti Bonds due to the rising debt and interest rates that eventually make the returns useless if adjusted.


Lets do the calculations bitcoin superior to Gold and superior to the government bonds creating a decentralized Earth Bond, yes bitcoin to my eyes is like gold but will eventually function like a bond that is tied to the earth and connection to every sovereign country.

Planet Bond.

BlackRock Suggests an optimal BTC allocation is 84.9% completely changing the 60-40 basic portfolio of bonds.
https://twitter.com/alanbwt/status/1683844398247976960/photo/1

Lets have some fun with the calculations

Illiquid bitcoin supply at 15.2M

https://twitter.com/BritishHodl/status/1672289256629215232

19.5 million (Today Supply) minus 15.2 million equals 4.3 million on the market of course this will increase if prices go up but there's also the chance they do not as most accumulation here is by large funds not retail looking for short term returns.

5% of 133 trillion (133T) is 6.65 trillion.

If bitcoin had a market cap of 6.5T, 1 BTC would be worth 1.5M, an upside of 46x
(based on the supply is way less than people understand)

All that's left is a Spot ETF on the US market to allow capital to just lightly tap this market and we will know soon enough.

And people wonder why every large fund have raced to get a spot bitcoin ETF, yeah being potentially the most important asset in the last 100 years could do it.
Tick Tock