505: BITCOIN AND CRYPTO WILL SOAR AT LEAST 100X TO $100 TRILLION MARKET CAP SAYS MACRO GURU RAOUL PAL!!

Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News

English - March 09, 2021 15:14 - 18 minutes - 9.14 MB - ★★★★ - 537 ratings
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Previous Episode: 504: NORWEGIAN INVESTMENT FIRM PURCHASED $58 MILLION IN BITCOIN FOR ITS TREASURY WITH PLANS TO ADD MORE!!

Next Episode: 506: BITCOIN COULD BE WORTH MILLIONS OF DOLLARS EACH SAYS NORWEGIAN OIL BILLIONAIRE!! $200M BTC FUND!!

Macroeconomics guru and Real Vision co-founder Raoul Pal believes that the market cap of Bitcoin and crypto can soar at least 100x from its current valuation of about $1.7 trillion.

In a new tweetstorm, the former Goldman Sachs manager tells his 419,800 followers that many traditional investors fail to see the potential of the crypto markets as they believe assets often revert back to their mean or their average price over time.

“I’m finding it fascinating to see traditional finance and business people first trying to get their heads around BTC, then other crypto protocols, then DeFi (decentralized finance) and now NFTs (non-fungible tokens). At every single stage in the rapidly evolving ecosystem, they have used mean-revertionist thinking as opposed to exponential network effects analysis and therefore everything looks like a bubble or a misallocation of capital.”

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