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Ahhh! I like that valuation, it makes sense from that standpoint. I definitely think it’s worth more from a projection stand point. I think Bitcoin is criminally undervalued and that is only due to government regulation.
I think this next wave takes us to that $125-150K range so I can stand with your estimation.
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My personal valuation hasn't changed much in the past year. I still think sat-cent parity is a very reasonable valuation.
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I like it, but what increases value to me is that sats are borderless pennies!
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That implies a present valuation of about $120k per BTC, which I think is 100 sats = 12 cents