Base case still $50k
$100T global cash equivs (banked and money market, cash, coin, gold, silver) * 10% allocation into / 10 coins (a few dominating each sector) / 20M units each (emulate similar feels) = $50k Conservative, diversification allocation of today's idle cash only. Does not include continued printflation of Fiat, adoption raising the overall allocation, commerce float, coin loss, nor other plays: - $120T bond market allocating in for yield - $325T real estate moving toward NFT shares - stock, derivatives, etc Today: $850B MktCap (with 2 of 10 taking 55%: $16.5k BTC, $1.2k ETH) Discount to base is now somewhere around... - 65% (2.7x on 2, 12x on total cap) Distance to future cap is around... - 12x (10% alloc, single play), to 320x (50% alloc, triple play) McAfee was right, macro doesn't lie... a crypto future will feel like $1M. After the cap moves over and settles in it becomes just another zero sum market a few decades from now. What's in your wallet?