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

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3.6 • 626 Ratings

🗓️ 21 June 2023

⏱️ 25 minutes

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Summary

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

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0:00.0	Oh, that's my prime delivery.
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0:55.4	Y2K. That's Y2K, spelled W.H.Y2K. In today's show, we'll be discussing the Bitcoin
1:02.1	price tap in 30,000 for the first time since April. And check this out, Fed Chairman Jerome Powell,
1:08.7	says the Bitcoin and crypto asset class appears to have some
1:11.2	staying power in the U.S. economy.
1:13.5	You damn right.
1:14.5	Also check it.
1:15.5	Bitcoin briefly spiked to $138,000 today on Binase U.S.
1:20.2	You got to believe it to see it.
1:22.0	Yeah, I mean.
1:22.8	Now check it.
	...

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