Crypto News

Bitcoin will win gold by 2030. years, it reaches a million dollars

Bitcoin will win gold by 2030. years, it reaches a million dollars

While the gold hit a record price at $ 2,848 per ounces, more and more financial experts and professionals vote their preferences for Bitcoin over gold. In the commentary of Market LiveVire, the Director General and the Founder of Nasadak Iren Daniel Roberts said Bitcoin must reach at least 900,000 prices in order to reach gold in terms of market caps and will by 2030. Years.

Roberts’ prediction

Daniel Roberts is not a stranger cryptocurrency. His company, Iren, is Aussie Enterprise that provides data centers using renewable energy to dig up Bitcoin, power supply AI and other endeavors. In November 2024. years in the middle of a strong crypto set, Roberts is familiar said That bitcoin is “dirt of cheap”.

Bitcoin is often called digital gold. Like famous noble metals, it is scarce and is considered a safe haven in turbulent economic conditions (the growth of crypto-era pandemics has proven well).

Roberts uses golden metrics to express their views on the future of BTC value. He believes that Bitcoin, who is increasingly seen as a cut haven similar to gold or even better than gold, its market cap needs to quickly become in the Gold Cap market. Roberts is sure that will happen by 2030. years.

Since CAP is a $ 19.3 Trillion CAP, while Cap’s Cap for Bitcoin $ 1.95 Trillion, Bitcoin needs an increase in prices from 10K to achieve parity. If the BTC price crosses a 1,000,000 dollar brand, Bitcoin becomes greater than gold in terms of market capitalization. Roberts concludes that a million per unit by 2030. will not be surprising for him. It is stated in the ETF traction and high-profile purchases of bitcoins by institutional investors as contributions of factors on the rapid growth of BTC price.

It is worth noting that by 2030. years, the gold cap can get significant additional. In the last five years, the price of gold increased by over 80%. After the logic of Roberts, it can mean that Bitcoin should get even more than a million to reach appeal parity or probably, the Bitcoin market will be more time to eclipse one of the gold.

Roberts proceeds To explain:

“The easiest way to conceptualize Bitcoin is to think about it as gold 2.0. We live in a world in which digital and social networks have disrupted their physical and gold, it is as digital versus analog, blockbuster compared to Netflix. Bitcoin is better that gold than gold. It is moved, easier to transfer and is easier to divide. All these characteristics that give golden value, Bitcoin is objectively better. “

Bitcoin vs Gold

Roberts is far from the first coloring of bitcoin as “better gold”. Many other professionals and experts from the CRIPTO Community and the wider financial sector claim to prefer Bitcoin in gold, and temporary divergence between growing gold and declining bitcoin does not change it.

After the beginning of the new phase of the American Trade War against China, investors were immersed on the property they saw as a refuge, and gold turned out to be one of the preferred funds. 5. February, its price reached a new historical maximum maximum at over $ 2.8 thousand per ounces, while Bitcoin was deep in the correction that launched the same impounding tariffs.

2. February 2025, in Interview with Bloomberg, Ark Invest Cabie Cabie Wood admitted that Bitcoin is a new class of property, market leader and a new global monetary system.

The tree added that her mentoring economist Art Laffer said Bitcoin was what was waiting since 1971. year when the US government closed the golden window.

In 2023. years, wood claimed that Bitcoin was “hands down better than gold” and called it a fence against inflation and deflation. She said that the younger generation would rather keep Bitcoin, not gold, because Bitcoin is a new active not related to institutions as gold.

Television and billionaire Businessman Mark Kuban told Revive that Bitcoin is similar to gold, because they both see themselves as a hedge against economic crises. He added that Bitcoin is a great value of value. “People look at Bitcoin as a better version of gold and I agree with that,” Cuban said.

Last year, Jerome Powell, who was an feeder since 2018. years, said That bitcoin is virtual gold, and it’s not a competitor American dollar, but a competitor of gold.

Other highly proponents ideas that Bitcoin is better than gold (mainly for all the above reasons) include the CEO for coinbase Brian ArmstrongBasic founder of the capital of Pantera Dan Morehead, essential CIO Matthew Houganand others.

Detection: This article does not represent investment advice. The content and materials presented on this page are only only for educational purposes.



https://crypto.news/app/uploads/2024/10/crypto-news-Bitcoin-gold-option04.webp

2025-02-07 12:42:00

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button