Re:Bitcoin Exchanges Are Buckling While the Price Surges Pas...
by aaavl2821 on Thursday December 07, 2017 @12:55PM
(#15872266)
thats a dangerous line of thinking. along the lines of telling an investor "if we just get 1% of this massive market, we'll be huge!"
if people decided to invest 2% of the worlds financial wealth into, say, drawings i made of million dollar bills, then my million dollar bill drawings would be worth $6 trillion. since i cant draw that fast, price would go way up
it would be incredibly hard to get 2% of all the worlds wealth. for reference, private equity as an asset class (including venture capital, growth equity, buyout funds, etc) has only like $2.5T in assets
if people decided to invest 2% of the worlds financial wealth into, say, drawings i made of million dollar bills, then my million dollar bill drawings would be worth $6 trillion. since i cant draw that fast, price would go way up
it would be incredibly hard to get 2% of all the worlds wealth. for reference, private equity as an asset class (including venture capital, growth equity, buyout funds, etc) has only like $2.5T in assets