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RE: New Bitcoin Valuation Model (S2FX) - $288,000 BTC Between 2020-2024?

in Threespeak - OLD4 years ago (edited)

Plausible. But I wonder what the narrative would be. The collapse of fiat? The response to the pandemic is wreaking havoc in the economy. As industries collapse and supply chains falter, central banks seem to be prepared for ensuring liquidity no matter what resulting in hyperinflation, which means that the ridiculous sounding valuations may not turn out to be as ridiculous compared to the price of bread, for instance.

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For sure. Argentina and Lebanon are the warning signs of what might happen to many other parts of the world