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3 years ago

Gold Investor Says that Bitcoin Will Probably Reach $300. Abhimanyu Krishnan | News | 20 hours ago$0.48Co-founder of Gold Bullion International, Dan Tapiero, speaking on the Pomp Podcast on Nov., said that he expects Bitcoin to reach sifigure valuations of up to $500,000 within the next 5 years.When asked by Anthony Pompliano about where he saw Bitcoin heading, Tapiero replied “...if gold is at $4,000, Bitcoin is probably somewhere between $300,000 and $, so that’s a 20, 30x”He believes that institutional investors will eventually budget of their portfolios for Bitcoin, and put the asset at a likely market cap of $100 trillionAccording to him, Bitcoin’s utility as a store of value, a payment means and “an entire network” is why it will outperform gold in the years to comeTapiero also said that no one in the gold would debate Bitcoin’s potential - though billionaire hedge fund investor Ray Dalio says otherwise, to the point where he asked the public to convince him of Bitcoin’s utility

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