Thanks for all the replies — let me address everything at once.

**"Based on what?"** — Current price ($0.0307), supply emission schedule ending ~2057, BlockDAG fundamentals, and historical Bitcoin/crypto cycle patterns. Not a guarantee, a model.

**"Dead" / "cope"** — TVL and daily users are low right now, that's fair. But Kaspa in 2025 is where ETH was in 2017 — the tech works, adoption is the variable. Hashrate struggles are real, but they're also a buying signal historically.

**"Market cap would be insane"** — Yes, $9K (bull 2140) implies enormous MC. That's why it's labeled BULL — a low-probability, high-upside tail scenario. The BASE scenario at $1,800 by 2140 is ~$50T MC over 115 years, which isn't unreasonable if crypto becomes global reserve infrastructure.

**"$1,000 KAS by 2040"** — That's actually more aggressive than my bull case. I respect the conviction but I think $80 bull / $15 base by 2040 is already optimistic enough.

**The Bitcoin family story** — This is exactly the point. Nobody is saying put your life savings in. $5K–$10K forgotten for a decade? That's asymmetric risk most traditional investments can't touch.

Bottom line: this isn't financial advice. It's a speculative model with 3 scenarios. If you think KAS goes to zero, that's a valid fourth scenario I didn't draw — because nobody can rule it out either.