1311: "Bitcoin Will Soon Hit $500,000" - Winklevoss Twins
Bitcoin News Alerts | Daily BTC Macro Signal · Justin Verrengia
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Show Notes
Despite last year's 'crypto winter', Bitcoin Billionaires The Winklevoss Twins still believe that BTC is the trade of the decade which will hit $500,000 per coin. The Gemini cryptocurrency exchange owners Tyler and Cameron Winklevoss are believed to be two of the largest holders of Bitcoin, which they started buying when it was less than $10.
"Our bull case for Bitcoin is that it will disrupt gold. If you do the maths on 21 million in the supply of Bitcoin, the market cap of gold, let us say it is $10 trillion, maybe it is $11 [trillion], somewhere in that ballpark, that puts one Bitcoin – if it disrupts gold, and gets that market cap – at $500,000."
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