Hi all, curious your thoughts.
All these big name investment companies get their meat hooks into Bitcoin, and let’s just say the price goes to say $150k by 2025. Sure, us hodlers will see an increase in their wealth, but isn’t it possible that this just becomes yet another asset/tool for the rich? Bitcoin already suffers from unit bias, hell I heard someone say $25k is “too expensive”. What would that person say at $150k? Banks will allow us (down the road) to borrow against BTC, which is nice for hodlers, but will higher price really drive mass adoption? Or is it more likely that the banks just have one more asset on their balance sheet that they can play with? I’m just skeptical of people’s general knowledge about money/basic finances that they will never want Bitcoin.
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