RE: If 10% of the cash on Corporate Balance Sheets moves to Bitcoin, the price would increase by more than $400k

[shortsegments]

Hi
I personally think that the concept of investing 1% of your balance sheet or 1% of your portfolio into Bitcoin is going to be very Big!

I agree that this simple concept may find IRS way into every corporate accounting advisory and financial planners dialogue.

This will blow up the price of Bitcoin and Ethereum.

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Comments

[jrcornel]

Yep, that's the thought process. I suspect the final tally will be something in between those two numbers, something like a 2-3% allocation when it's all said and done for that cash.