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1319: "This Is Why Bitcoin Will Be $500,000" - Winklevoss Twins
Episode 1319

1319: "This Is Why Bitcoin Will Be $500,000" - Winklevoss Twins

Bitcoin News Alerts | Daily BTC Macro Signal · Justin Verrengia

June 21, 202322m 28s

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Show Notes

The billionaire Winklevoss twins, Cameron and Tyler, who turned to Bitcoin and crypto after playing a part in the founding of Facebook, have said they still expect BTC to "disrupt" the gold market, predicting Bitcoin will eventually surge to a price of $500,000 per coin, giving it a market capitalization of around $10 trillion.

"If you look at the value increases in bitcoin, it is this punctuated equilibrium where it is steady, steady, steady," Cameron Winklevoss told The National earlier this month. "And then boom—it reaches a new price level. That is the new normal. So, it could happen very quickly."

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