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/?pid=three-arrows-capital-ceo-says-bitcoin-could-hit-2-500-000-22349

Updated:02:01 PM EDT Jul 22


this is ggmania.com subsite Three Arrows Capital CEO Says Bitcoin Could Hit $2,500,000 - TechAmok

Three Arrows Capital CEO Says Bitcoin Could Hit $2,500,000 - [briefly]
05:42 PM EST - Feb,25 2021 - post a comment

Su Zhu, the co-founder and CEO of fund management firm Three Arrows Capital, is revealing an astronomical price prediction for the largest cryptocurrency by market cap. In a new interview with UpOnly, Su Zhu compares Bitcoin to gold, asserting that gold is likely undervalued and that in the long run, Bitcoin is primed to take over a large portion of the precious metal's market share.

"I mean, I think there's an argument that gold itself is very undervalued. If it was the dominant store of value cause this thing was at like $1,700 years ago... and let's say gold should have 5X'd if there wasn't Bitcoin, then really we're looking at a $50 trillion market cap.

So then you're already halfway there to $100 trillion and that will get you to $2.5 million per BTC and I think that that is definitely possible."

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