[cwkoss]

In 20 years, Bitcoin will either be worth $0 or $350k. (Stability and history to become a safe-haven asset something like gold.)

People don't think that the network today is +17% more valuable, but rather that the chance of Bitcoin going to zero in the next 20 years is 17% less.

Institutional investors building positions in Bitcoin makes a strong case for long-term viability, because if the govt tries to mess with something in everyone's mutual fund, the financial lobbyists will push back strongly.