Case for $450k per Bitcoin

Right now Bitcoin only has 2% of Golds marketcap. As of now, Golds marketcap is at about $7,826,522,102,450.40.

This means, if Bitcoin reaches the marketcap of Gold each BTC would be worth 441,051USD.

If you think that this is unlikely, please just consider that Bitcoin has some essential advantages in relation to Gold:

Consider that you own $100 million (of course that would be great :D). Then if you decide to store your wealth in Gold, consider that 1t of Gold is $41 million. So you would have to store 2.4t of Gold somewhere securely. This means that you have to deal with:

• Physical Storage: extraordinary physical security
• Ability to transact: Moving it securely would be very expensive, and time consuming
• Government tyranny: The government could just "take" it from you, and/or prevent you from moving it, say, to another country
• Verification: Verifying that none of it was "impure" (tungsten filled bars, for example) would be time consuming and cost you some of his gold

You could store it all in about 34K BTC, then:

• Store it in a hardware wallet, for a few bucks
• Memorize the passphrase
• "Hide" hints to the passphrase
• Hide backup copy(s) of hints to the pass phrase
• Take your $100M w/ you wherever you went
• Not have to fear government confiscation
• You could transfer large sums for just a few bucks

PS:

You can track and compare Gold and Bitcoin with this neat little online tool.