1335: PayPal Co-Founder Predicts “Bitcoin Will Increase 100x to $4 Million”

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Justin Verrengia

Investing, Education, News, Business, Tech News

3.6 • 626 Ratings

🗓️ 8 July 2023

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

"I am still hopeful that Bitcoin goes up by a factor of 100x. Bitcoin is the canary in the coal mine; it was telling us that inflation is coming; it is telling us that central banks are bankrupt; it is telling us that we are at the end of the fiat money regime." PayPal co-founder Peter Thiel predicts the price of the king crypto (BTC) increasing by a factor of "100x" to over $4,000,000 per coin, surpassing the market cap of gold and eventually rivaling the value of the entire stock market. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	In today's show, I'll be breaking down the latest technical analysis, including Jack Dorsey,
0:04.6	buy Bitcoin from an exchange and move it to a hardware key that you control.
0:09.2	Max Kaiser agrees he shared the following.
0:11.4	This is how you kill Wall Street derivative traders trying to suppress the price of Bitcoin.
0:16.4	Gold does not have this luxury in any practical sense.
0:19.9	Facts.
0:20.7	Also in today's show, Lightning Labs
0:22.7	unveils a toolkit to enable AI artificial intelligence to transact in Bitcoin. We'll also be
0:29.0	discussing U.S. presidential candidate Kennedy Jr., disclosing a quarter million dollars
0:33.9	in Bitcoin holdings, ultimately meaning he's a hoddler. We'll also be discussing a
0:38.7	crypto analyst who puts the Bitcoin price action at $125,000 by 2024. I'll be breaking down how
0:45.7	this is possible, as well as one hot tech sector can send Bitcoin price rocketing up to
0:50.7	2400% hitting $760,000 per coin, according to the Bitmax co-founder, Arthur Hayes.
0:58.3	We'll also be discussing the latest from billionaire Peter Thiel, the co-founder of PayPal,
1:03.1	and his prediction of the Bitcoin price 100xing from here hitting a target of $4 million per coin.
1:09.5	We'll also be taking a look at the overall
1:11.1	crypto market, all this, plus so much more in today's show.
1:19.1	Hey, what's good, Crypto fam? This is first and foremost a video show. So if you want the
1:25.9	full premium experience, visit our YouTube
1:28.3	channel at CryptoNewsalerts.net. Again, that's CryptoNewsalerts.com. Welcome to y'all just
1:36.0	joining us here in today's live show, lots to cover. It is Sat Stack and Saturday. So let's kick
1:41.7	it off with today's Market Watch. As you can see here in your
	...

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