Hi fellow Bitcoiners of the Altcoinstalks forum, lets visualize, or assume that news came from 100%t trusted and reliable sources that the price of Bitcoin will hit $1 million dollars and even go above it beginning from the 1st of June, 2025,
I would stop drinking or smoking the stuff that I did before thinking of this.
This number means theoretically 20 trillion in sudden wealth, which means a ton of people would sell the moment it hits 500k at least, so assume 25% seel by that time this alone would be 2 trillions, another 25% sell at 750, it's 3 trillions, where will the money to stabilize it at 1 million going to come from when everyone, including those that have bought in between would sell, even if only 50% would sell you will need 10 trillions, so with just half you have already 15 trillions in wealth thrown at the world, this would simply be 4 times more than the money government spend on the covid relief that bought us this inflation, so your 1 million would be probably worth in purchasing power less than even half of that.
Sorry to bring you the bad news, but this thing would wreck the global economy!