Dont under estimate the scarcity of Bitcoin!

Rough numbers suggest that there are 59,400,000 millionaires in the world (this is 2022 data. The number has gone up since then and always going up)

so that's roughly....

0.35 bitcoin per millionaire (That's if all 21 Million coins existed and none wore lost)

0.30 bitcoin per millionaire (if you take the conservatives number that only 18 Million coins actually exist and are not lost. The real number is likely less and around 16mil)

in the US alone, 1,700 people become millionaires each day. These people usually have more money than they need and are probably going to at least want to buy a whole coin to diversify (Not all but let's assume a small percentage do go down this route)

Lastly, dont underestimate rich people buying things even if they dont fully understand it (meaning Bitcoin has value but the rich will eventually just buy some regardless because they have too much money to spend)

Lets just look at strange things rich people have bought for a lot of money

Source and list provided below (my point is, Rich people buy and will continue to buy things because they have excessive amount of money. and the number of millionaires are just increasing while Bitcoin remains finite)

https://www.ebaumsworld.com/pictures/35-absurd-things-rich-people-have-purchased/87274681/

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$3,200,000 dog collar

$1,000,000 diamond encrusted toenail clipper

$24,300 Guinea Pig Armor

$15,000 gold Dildo

$95,000 Hippopotamus Sofa

$68,000 cricket ball

$125,000 gold dumbbells

#560,000 Ipad Dock

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Britney Spears has had her gum sold on eBay several times over the years, with the highest winning bid coming in around $500. Surprisingly, the chewed gum of ex British soccer manager, Alex Ferguson, sold for a whopping $500,000!

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Diane Duyser saw saint Mary in a piece of toast and preserved said toast in an air-tight container filled with cotton balls. The woman held onto her relic for six years, and then sold it on eBay for $28,000!

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The list of things people buy for a lot of money just goes on and on....

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