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RE: McAfee’s Dick Math: illuminating Bitcoin’s ACCELERATING price

in #bitcoin5 years ago

I believe McAfee is still lowballing.

The acceleration is not a continuous acceleration, it is like several booster rockets that have yet to fire.

The adoption curve has two components, the really early geeks, and the early adopters. Between these two, you have the pit of despair, or the chasm, where either normies start adopting or it becomes yesterday's geek play thing.
Crossing that chasm is at least a x10 boost in acceleration.

And, if that was all, we might not make McAfee's 1 mill mark (by a couple of months)

BUT! we have several other accelerators.

  • Flight from The US dollar
  • Flight from cash (as banks have ATM problems, then staying open problems...)
  • Gold price spiking
  • First major retailer accepts bitcoin/cryptos
  • Trade deals moving to bitcoin
  • and more

My only concern with this much acceleration is how soon does bitcoin break all the ETFs, and then soon after, when bitcoin goes no bid.

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