I think you're correct. A move past $100k in my opinion should bring the analogue of gold and bitcoin's price should naturally converge on whatever the market capitalization of gold is at the time. ——— My BTC stack remains untouched as it always has been, so I've branched into more speculative absurdities, and I'm playing this datelined move above $250k by buying leaps option calls for Riot Platforms—the publicly listed miner—with a 2025 expiration date. I anticipate hardware and industrial-grade grid attachments will move too slowly to add significant hashpower in the time window discussed, and miners could conceivably be mining $250k+ coins in the $60k range. ——— A thread on my recent sins, apologies: