The move in Bitcoin to ascend to more than $50K/coin in just a matter of months from under $10K/coin will go down as one of the most dramatic wealth-shifting market processes in history. But it may just be getting underway. Indeed, if Bitcoin were to reach parity with the gold market in total market cap, it would have to rise to over $700K/coin. Given that it is most often compared to gold as an alternative monetary system and a store of value in case of fiat money devaluation or accelerating...

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