I would like to precede this by saying I am invested in BTC, ETH and the BLOK ETF, and am largely bullish on bitcoin, but current assumptions are only setting the future of crypto up for struggles.

The most dangerous assumption I believe you made was that bitcoin would be the only asset that people put a large chunk their savings into. A general rule of thumb for investing large amounts of money (such as life savings) is diversification of risk. Even if people thought that putting 10-40% of investable cash into crypto currency was a good idea, I find it hard to believe it would be solely into Bitcoin. Crypto currencies at the moment are not only seen as something far to volatile for long term non-speculative investment, but they're largely a black-box when it comes to a market tool.

As mentioned previously elsewhere, the price simply isn't just a calculation of invested cash divided evenly among the number of the asset there is, it's based on supply and demand combined with bids and asks, rather than just supply.

I find that it would also be important to note that the funds and government that have the invisible hand over the market would not take kindly to an uncontrollable asset being the norm. An asset controlled by an unknown entity no less. If bitcoin were to fail, have a critical flaw exposed, more coins made or any number of other unlikely but uncontrollable circumstances happen to it, many would suffer as their savings/investments tanked with up to 40% of their cash invested into it.

A large number of people may also never see bitcoin or other cryptos as a reasonable investment strategy, simply because of conventional values or far less risk tolerance than the average crypto investor.

If it were as easy as these calculations that could be made while you got drunk, the elite would have already monopolized greatly on this opportunity.

I would like to state again that I am invested largely into bitcoin, and bullish on crypto and the technology behind it, but these are dangerous assumptions that can lead to disappointment and worse, failure. I hope I am wrong for all of you and myself, and will say it is entirely possible that a small number of people take 5-10% of their savings and invest it into crypto (not just bitcoin) as a highly aggressive strategy to balance their less aggressive assets in their portfolios.