The tweet was deleted by the author.
But we saved everything 🙂.
Tony Katz underscores the scarcity of Bitcoin ownership among millionaires in a recent statement. Out of 60 million millionaires, only one million could purchase one Bitcoin each, leaving many without access or driving a competitive surge in prices as they vie for ownership of the asset.
Katz’s observation on the limited supply of Bitcoin among high-net-worth individuals highlights continuing debates over digital asset scarcity and long-term valuations. These themes align with his earlier analysis projecting Bitcoin’s potential to reach a $100 million valuation by 2040, should broader adoption materialize. Further, the volatility seen in emerging digital assets—such as the dramatic plunge of the TRUMP token—underscores both the risks and opportunities present as investors navigate this evolving market landscape.