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Gate Square New & Returning Creator Rewards are ongoing!
Your ideas may be more valuable than you think!
Make your first post or come back post to share a $20,000 monthly prize pool!
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This is how simple it is
According to #Bitwise , #Bitcoin doesn't need a mass migration of gold to move significantly.
Just converting 1% of the gold market cap to #البيتكوين raises its fair value to around $134,000.
And when converting 2% to 3%, we're talking about $160,000 to $190,000.
With a 5% conversion, the price of #BTC starts to appear as if it exceeds $240,000.
The gold market size is about $15 trillion, while Bitcoin is still very small in comparison.
Even small reallocations make a difference when supply is fixed, and this is something many underestimate. 💯
$SOL
$BTC
$ETH