As bitcoin eats into capital held in other stores of value, how much wealth will eventually transfer to BTC from equities?
If you’ve been following potential bitcoin price targets, you know that many analysts expect bitcoin to completely consume or eat into portions of gold, money supply (M2), global fiat-denominated debt, stocks (equities) and real estate.
Once you’ve grasped the implications of bitcoin having no counterparty risk and no dilution risk, you should recognize that bitcoin will fully inhale all wealth stored in gold, M2 and global debt, but what portion of the wealth stored in equities (stocks) will be reallocated into bitcoin?
It’s a very complicated idea to ponder.
Two weeks ago, we published our thoughts on how the valuation of a fictional company, and the ”Mimesis Bitcoin Investment Research Report.”
This is a guest post by Mimesis Capital. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.
