$1m Bitcoin is impossible because that would mean a market cap of $19 trillion. That means $19 trillion spent on Bitcoin - no it doesn’t!!!

Yes people don’t understand market cap!Alice buys 1000 apples for $1000.She sells 100 to Bob at $2 ($200) so the market cap is $2000.She sells 800 to Jane at $3 ($2400) so the market cap is $3000.She sells 99 to George at $5 ($495) so the market cap is $5000.She HODLs the last one. Her last one is currently still worth $5 (cost her $1). The market cap remains $5000.The amount spent has been 200+2400+495+1=$3096 yet the market cap is $5000.Remember lots of whales bought early and HODL so this will be even more skewed! Doesn’t require all the world’s wealth to be invested, to be worth more than all the word’s wealth! via /r/Bitcoin https://bit.ly/3BIQic9