Bitcoin Could Rapidly Surge to $1 Million, Causing Major Economic Disruption Per Expert Prediction
-
Samson Mow predicts Bitcoin could rapidly reach $1 million, causing "max pain" disruption to economies and platforms designed around lower Bitcoin prices.
-
A price surge would negatively impact MicroStrategy's goal to own 1% of Bitcoin supply and El Salvador's plans to issue Bitcoin bonds.
-
Legacy financial systems and Bitcoin critics would be forced to swiftly accommodate hyperbitcoinization.
-
Most people would miss the chance to invest at lower prices, having to earn instead of buy Bitcoin.
-
Mow says likelihood is high for an unexpected Bitcoin price jump, given upcoming catalysts like spot ETFs and 2024 halving.