Perché Bitcoin (BTC) a 1 milione di dollari potrebbe causare il massimo dolore per alcuni

Bitcoin pioneer Samson Mow is confident that the price for one BTC will reach a million dollars in the future. 

However, he also thinks that if this happens sooner rather than later, it will cause “max pain” for some people. 

“Bitcoin has a way of doing what we least expect and in the most disruptive way,” he said before providing a few examples of what may happen if prices skyrocket. 

Ecco perché arriveremo a 1 milione di dollari #Bitcoin da GIORNI a SETTIMANE: è il dolore MAX DOLORE per la maggior parte delle persone.

Bitcoin riesce a fare ciò che meno ci aspettiamo e nel modo più dirompente. Ad esempio, a JAN3 abbiamo molti piani e incontri fissati per il 2024. 1 milione di dollari di BTC farebbe deragliare tutto.

?

- Samson Mow (@Excellion) Gennaio 9, 2024

Million Dollar Bitcoin 

Mow is the CEO of JAN3, a company dedicated to helping nation-states adopt Bitcoin e tecnologia blockchain.  He said that a $1 million BTC would derail a lot of those plans and meetings scheduled for 2024. 

A fast $1 million BTC means the firm would be out of time to onboard nations, he said, adding that 50 countries could reach out frantically. 

He also pointed out that the Lightning Network would not be viable for anyone not using a custodial wallet. Fees would be ridiculously high in dollar terms, so no new Bitcoin users would be able to transact using the LN. 

Another outcome could be that many transactions would be stuck with unspendable UTXOs (unspent transaction outputs) worth $500 to $1,000. 

He added that the biggest max pain would be from all the people who missed out: 

“8 billion people on this planet just missed the most important opportunity in their lifetimes to get into Bitcoin when it would’ve made a significant economic difference. They can now only work to earn BTC. I think this is the biggest one.”

On the lighter side, the modello stock-to-flow would break, gold-bug Peter Schiff would have a “mental breakdown,” and MicroStrategy would be one of the world’s most valuable companies.

What Mow didn’t mention is that the whales that control a significant portion of the circulating supply would become more powerful than most governments. 

Just making sure here, I’m still the only one saying #Bitcoin can go to $1M in days to weeks right? Because when it happens I don’t want any of you bearish MFers saying you also called it.

- Samson Mow (@Excellion) Gennaio 8, 2024

Previsioni sui prezzi di BTC 

Selvaggio previsioni di prezzo aside, the asset is currently trading up 7.5% on the day at $46,748 at the time of writing. 

The big jump has come when highly anticipated and expected individuare le approvazioni degli ETF Bitcoin sono imminenti 

A move above $50,000 would not be unexpected should the SEC approve the list of pending applications today or tomorrow. 

However, a sea of red will flood crypto markets if there is a denial of the Ark 21Shares product on Jan. 10.