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The CEO of Microstrategy, Michael Saylor, says that Bitcoin (BTC) will emerge as a $100 trillion asset class and will grow 100X from where it is today.
“It’s pretty clear that Bitcoin is winning, gold is losing … and it’s going to continue … It’s pretty clear digital gold is going to replace gold this decade.
At the end of the decade it (BTC) will have flipped gold, and then it will flip monetary indexes, a little bit of bonds, a little bit of real estate, a little bit of equity, and emerge as a $100 trillion asset class. So, 100X of where it is right now.”
In other trending Bitcoin News today: Bitcoin, Ethereum and Four Altcoins Witnessing Mass Adoption As Crypto Market Targets $200,000,000,000,000 Market Cap, Says Macro Guru Raoul Pal!
In a new interview on business and entrepreneurial YouTube channel Goko Group, Pal says he expects the total crypto market to rise 100x in the coming years on the back of exponential adoption.
“[Crypto] is the fastest growing adoption in any technology in all recorded history. We’re going to go from 150 million users to a billion users in three and a half years. It is going from $2 trillion to $200 trillion as an asset class probably in 10 years.”
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes & Resources:
https://news.bitcoin.com/microstrategy-ceo-bitcoin-100-trillion-asset-class-btc-grow-100x/
https://cointelegraph.com/news/el-salvador-to-inaugurate-bitcoin-city-backed-by-1b-bitcoin-bonds