84 sats \ 1 reply \ @OT 21 Mar \ on: Reflections from the Nakamoto Simulator bitcoin
So people calling for a million dollar bitcoin are quite conservative. How long does it take to educate individuals? 10-30 years sounds about right
I thought that time frame seemed reasonable too. If you double it, though, the valuation drops to about $200k.
That's still much higher than present exchange rates, but it also illustrates the sensitivity to adoption time.
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