Plus there's the reality that the US can derail any plans for de-dollarizing by simply buying up crypto, in which case crypto is now fully backed by the dollar

Plus there's the reality that the US can derail any plans for de-dollarizing by simply buying up crypto, in which case crypto is now fully backed by the dollar and becomes the same exact reserve currency as the dollar. This is the most strategic defensive play the US can do, so unfortunately the case for BTC to get to a million is a valid one. It's outrageous, but missing this move will leave a lot of people even poorer, and it will happen all of a sudden. They are accumulating right now, and one day they will just set the new high price.