Bitcoin (BTC) Advocate Keiser Says BTC Will Do 300x
Bitcoin (BTC) advocate Max Keiser said that Bitcoin could increase 300 times by focusing on the dominance of the US dollar.In a new episode of the Keiser Report, the Bitcoin bull said that the leading cryptocurrency will remain an asset class and is a viable alternative to gold and the US dollar as a store of value. Keiser shared the Morgan Stanley report with 4.17 million YouTube subscribers:
“Do you accept fiat currency where volatility is zero but loss of purchasing power is guaranteed? Or would you prefer Bitcoin because there is volatility but the purchase is guaranteed to win? These are your two options. “
Keizer adds that the leading cryptocurrency is close to dominating the precious metals market. He predicts that BTC will surpass silver in a few months, and gold will reach half of its market value in 2021.
“After passing gold, only dollars remain, and the thing about Bitcoin is that it is an apex hunter. Bitcoin is a goldfish and / or shark in an ocean full of US dollar plankton. They print a lot of dollars, but they are not solid and will disappear as Bitcoin becomes dominant and becomes the global world reserve currency, as we predicted. Morgan Stanley is finally awakening to this. “
Kaiser points out that as Bitcoin replaces gold and the US dollar, the value of the leading cryptocurrency will meteorically increase:
“I think it’s going much higher because it has to replace gold. It should replace the US dollar. The total addressable market (TAM) for Bitcoin is $ 300 trillion. Now for $ 1 trillion. You have 300x the way to get from here. Have it or enjoy staying poor. ”