You can't "hoover up" 17 million at 8,000. Price shifts as demand shifts. This concept literally makes no sense, whatever way you try to spin it.
Yes, of course. It is a thought experiment that shows a relatively small shift in demand of those who can afford one Bitcoin could lead to a non linear increase in price.
Why would 17mm people want to own a bitcoin? I can afford one today, but how does owning one improve my life?
If you paid $8000 and you could sell it at $100,000 I would guess that might improve your life, at least monetarily if not psychologically.
I appreciate the speculative aspect. But I mean from a utility standpoint. As a US citizen (or worldwide citizen) why will I ever want to use bitcoin? How does using it make life better? I don’t understand that part, and w/o that, IDK why this is ever worth $100k.