4.4 β’ 1.9K Ratings
ποΈ 3 July 2022
β±οΈ 5 minutes
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0:00.0 | And short-term, do you expect we're still going to have maybe more sell-offs in the price |
0:04.7 | or more volatility? And do you still stand by your prediction of a quarter million dollar Bitcoin |
0:09.0 | by next year? Oh, absolutely. It feels like that is happening. And it sort of started with El Salvador |
0:19.7 | and open-node, making it very easy for retailers to accept Bitcoin, Crypto allowing |
0:30.1 | people, businesses to do perfect audits with Crypto and they, so all the accounting has done. |
0:39.4 | So yes, this is, and that'll be sort of the beginning. And I think it's just up from there. So |
0:46.8 | this is, yeah, we're going to see a lot of volatility. You might see another jump down. You might |
0:54.0 | see a lot of different things happen. And a lot of people got leveraged up in Bitcoin. And they're |
1:02.6 | the ones who are kind of forced to sell down in a time like this. And that's kind of the nature |
1:11.8 | of DeFi is that people can get kind of a little too far over their skis. And 10X for price increases |
1:22.4 | is realistic for something like Bitcoin by next year. I mean, even we see a lot of technology |
1:27.4 | adoption. Obviously, we see it's a better tech. And you've got a history of examining tech. And |
1:31.6 | I think a lot of people believe it'll happen in the next 10 years. But you still think it'll happen |
1:35.7 | even sooner. Yeah, I mean, for me, it's been like more than a hundred X. So I think 10X is, |
1:46.0 | well, 10X, it's going to be bouncing up and down and up and down for a long time. And I think if |
1:51.6 | you are a hodler, somebody who holds on for dear life, because you like the future that it's going |
2:00.6 | to bring. You like this trust and freedom that comes with Bitcoin. I'm wearing a Bitcoin tie. And |
2:06.4 | on the other side, it says freedom and trust. That comes from a currency that is open and global |
2:14.1 | and transparent. There's a lot of trust there. You're going to be holding on knowing that at some |
2:24.0 | point in the future. And my prediction was early next end of this year or early next year |
2:31.2 | that you're going to see a steep climb in the price. And that will, and on a day like today, |
2:39.2 | doesn't feel like it's really going to happen. But if you kind of take a long view, you say, |
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