Imo, the logic of most investors is "Can I afford to lose 5% of my wealth? Heck, I can lose 10%!" So all the rich with zillions in assets invest what they can a

Imo, the logic of most investors is "Can I afford to lose 5% of my wealth? Heck, I can lose 10%!" So all the rich with zillions in assets invest what they can afford to lose, those 10%, and hold. If the rich top 1% owns 50% of the entire world's assets, then such is the target price of bitcoin - 5% of everything. At the moment, this everything is $100T. This gives us what, 250K per btc? Multiplied by expected inflation, say 2x.