1124: HEDGE FUND VETERAN PREDICTS BITCOIN WILL REPLACE GOLD, UNVEILS MASSIVE BTC PRICE TARGET!!

Bitcoin News Alerts | Daily BTC Macro Signal

Bitcoin News Alerts

Business, Investing

3.8 • 637 Ratings

🗓️ 5 December 2022

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Seasoned hedge fund manager Mark Yusko of Morgan Creek Digital says that Bitcoin will eventually replace gold, and predicts the king crypto (BTC) will hit a six-figure price tag.

Yusko says Bitcoin is on track to replace gold, largely due to its superior divisibility and portability. Based on the monetary value of gold, he sets a price target of roughly $250,000 BTC in the long run.

"$5 trillion, the monetary value of gold, roughly equals $250,000 price per Bitcoin. Now, it won't all happen tomorrow, but over time it's going to happen."

Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Oh, that's my prime delivery.
0:01.6	What, already?
0:02.6	Only one thing can match the buzz of Prime's fast delivery.
0:06.2	And that's the buzz of Prime's entertainment.
0:09.0	What are we watching?
0:09.7	Heads of state, that new action comedy with Idris Elbert as the Prime Minister,
0:13.3	John Cena as the president, and Prianka Chopra Jonas,
0:15.9	as their only hope.
0:17.0	It looks like a blast.
0:18.3	From fast delivery to explosive entertainment, it's on Prime.
0:22.5	For only 899 a month, join now.
0:25.2	Content includes limited ads, subscription or tour and news.
0:27.5	For more information, go to Amazon.com.
0:28.8	The £5 meal deal from McDonald's.
0:32.8	Get a cheeseburger or mayo chicken, medium fries, four McNuggets,
0:36.6	and a medium soft drink for guess what?
0:38.5	That's right.
0:39.3	Five pounds.
0:41.4	It's not called the five pound meal deal for nothing.
0:44.9	From 11 a.m.
0:45.9	Not available on delivery.
0:46.9	Carbonated soft drink upgrade fees apply.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Bitcoin News Alerts, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Bitcoin News Alerts and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.