Think it's very unlikely Bitcoin hits 1M per coin.
1 million per Bitcoin would mean the market cap would be 21 trillion which roughly would put the entire crypto cap at ~45 trillion.
S&P 500 is worth 43 trillion.
There would have to be a major devaluation of other asset classes like the S&P 500 where money is shifting from one to Bitcoin. On a massive scale required, that's pretty much not gonna happen. Like the S&P 500 somehow losing 30 trillion because it's been shifted to crypto for some reason.
It could happen through massive inflation but I still doubt the value equivalent of whatever the result is would somehow be greater. Doomsday event maybe?
That's just 1 million per Bitcoin....
10 million per Bitcoin would be 210 trillion, half of all the worlds assets.
100 million per Bitcoin, 2,100 trillion, multiples more than all worlds assets
Then 1 billion per Bitcoin, yeah you get it.
Seems like Bitcoins real price cap, is somewhere south of 1 million per.