Thomas Lee BTC & ETH Predictions

in fundstrat •  6 years ago 

Great questions & interview by Heidi!

https://steemit.com/bitcoin/@heiditravels/thomas-lee-btc-and-eth-predictions

Tom Lee was in the mobile industry early and then moved to crypto early. Smart guy!

Some Tom Lee (Fundstrat) quotes info:

Surprisingly Crypto is used for speculation less than other classes:

USD 240x, oil 40x, gold 40x, bonds 20+x, crypto 4x

re BTC price: an explosive increase in price is more probable than a drop to $3,000.

"I think bitcoin is definitely redefining the plumbing of the financial industry." Tom Lee, Fundstrat

(According to OEDC) The financial industry globally has an economic value add of $5 trillion. (6.5% of GDP) This means the average person spends (works) 1 mo./yr for the right to use the banking system.

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