There are certain posts that age well, and certain ones that do not
This is a post that is either going to be an awesome prediction or leave a ton of egg on the face.
Pomp thinks that Bitcoin's market cap is going to surpass Gold's and it's going to happen within the next 10 years.
Sees:
(Source: https://twitter.com/APompliano/status/1294755734467547137)
Actually looking at the timing there, it's going to be closer to 9 years than 10 years.
That was a nice time-frame for him to pick since it will include 2 more bitcoin halvings.
By the way, gold is currently worth north of $10 trillion, while bitcoin is worth about $225 billion currently.
That would mean bitcoin would need to go up close to 50x from the current levels to get there, and that's if gold's market cap doesn't go up any more. If the dollar keeps dropping, it probably will keep climbing.
Does that include all the Spacex gold that Elon is going to find by 2030?
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Are there possibilities that GOLD price could scale higher with this DeFi craze that is bringing many to the cryptocurrency world?
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Why would gold go up if money is coming into crypto?
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