Part 8/11:
The core takeaway is that as the credibility of current collateral—and thus the entire credit system—continues to erode, capital will shift swiftly into Bitcoin. This migration will create a feedback loop: increased Bitcoin demand drives price higher, which in turn increases collateral headroom, encouraging even more borrowing against Bitcoin.
He projects that by 2030, Bitcoin could reach prices of several million dollars per coin, supported by trillions in collateral chasing a limited supply of 21 million coins. His models suggest prices in the hundreds of thousands, potentially over a million, if the global credit shift accelerates as anticipated.