Yeah, I didn't phrase that well. What I should have said is that I'd be surprised to see Balaji-style explosive growth.

If Bitcoin becomes the dominant global currency then we're probably talking +$1M / coin in today's purchasing power. But I think that sort of market saturation will take decades, and that the days of getting a x10 or x20 return in a single year are gone IMO.

Or not. Maybe we get $500k Bitcoin next cycle lol. I try and tailor my expectations, as I'm in it for the long haul either way.