Bitcoin (BTC) Can Surmount $8 Trillion Gold, Argues Crypto Billionaire

Mike Novogratz, a long-time Bitcoin (BTC) bull, sat down with Morgan Creek’s Anthony “Pomp” Pompliano for the renowned Off The Chain podcast. Reports indicate that in the interview, Novogratz, a Wall Streeter turned fervent crypto proponent, purportedly stated that while BTC is still valued of 1% of gold’s $7 to $8 trillion valuation, the crypto will reach there eventually.

He argued that this is a journey that could occur over a 20-year period, rather than a one or two year period. Although such a time frame may turn off those with low time preference, the former Goldman Sachs partner noted that this could “easily happen.” Funnily enough, EOS’ Brendan Blumer also drew attention to this specific period too, explaining in a recent tweet that Bitcoin will make a move on gold’s de-facto go-to store of value status within the next two decades.

Original source
https://ethereumworldnews.com/bitcoin-surmount-eight-trillion-gold-crypto/

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