Mark Moss argues Bitcoin could hit $43 million per coin within 50 years if it becomes a global unit of account. He adds up the total value of gold, real estate, equities, bonds, and other stores of value, reaching roughly $900 trillion. Dividing that by Bitcoin's 21 million fixed supply gives the $43 million figure.
I think in 50 years from now, Bitcoin is worth $43 million. Bitcoin is going to be a lot of things, but we do know today it's competing as a store of value. So what are the store of value assets? Gold, we have about $14 trillion. Collectibles, that's about $25 trillion. The stock market, $120 trillion there. Real estate, there's about $350 trillion there. Bonds, there's $300 trillion there. Fiat, about $120 trillion there. Offshore bank accounts, there's about $30 to $40 trillion there. If we add that up, we get to about $900 $900 trillion. And I believe that in less than 50 years, Bitcoin will be what we call the unit of account. Instead of measuring things in dollars that are changing all the time, or euros, or yen, or yuan. So then we take the $900 trillion divided by the 21 million, gives us $43 million per Bitcoin. That's a big call. It's a bold call.
