Global Arena Holding Inc (GAHC)

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Mr. Falkvinge, like other analysts, view Bitcoin’s central value as the cryptocurrency’s transactional purposes, which is made possible by the underlying blockchain technology. The question then becomes: How much of the transactional market can Bitcoin capture?

Estimating the size of the transactional currency market is hard to do, but the amount of money in circulation worldwide is posited at 60 trillion. Mr. Falkvinge believes it’s reasonable for Bitcoin to capture 1% to 10%. Mr. Falkvinge writes:

This leads us to a target market cap of 600 billion to 6 trillion USD, to be fulfilled by about 6 million bitcoin, which makes for easy calculations. That means that each bitcoin would be worth $100,000 at the low market cap and $1,000,000 at the high market cap.

https://comparesilverprices.com/metals/bitcoin-price-one-million-dollars/