I'm assuming Kathy that you're going to hold to
your Bitcoin forecast for what is it a million Per coin by 2030 that still feels good to you
yes one Bitcoin today is 17 000 one Bitcoin by 2030 will be at one million dollars according to
Arc invests Kathy Woods ethereum will come out Even stronger I'm assuming Kathy that you're
gonna hold to your Bitcoin forecast for what Is it a million per coin by 2030 that still
feels good to you yes and you can um you know Sometimes you need to battle test you need to go
through crises uh to see uh to see who the real Um to see the survivors first of all but really to
test battle test the infrastructure and the thesis And uh again we think Bitcoin is coming out of
this smelling like a rose uh because of what I Have mentioned uh previously and I do think
though the one thing that will be delayed is Um perhaps institutions stepping back and just
saying okay do we really understand this uh And once they actually do the homework and
see what's happened here I think they might Be more comfortable moving into into Bitcoin
and and perhaps ether as a first stop you know As they'll understand it more bitcoin's price
today near the lows bitcoin's value today near The highs bitcoin's fundamentals near all-time
highs bitcoin's hash rate at all-time highs Bitcoin beginning 2023 with bitcoin's hash rate
breaking above all-time highs it's never been Higher ethereum fundamentally in my opinion
never been better make sure you subscribe to Our channel altcoin daily we break down the
entire cryptocurrency Market make things easy To understand for you on a daily basis so join the
altcoin daily team ethereum balance on exchanges Hits a four year low if you take away one thing
from this video Let It Be This price doesn't Necessarily necessarily equate to Value the price
could be down but the value can be up and that's What more and more big players smart money are
realizing that Bitcoin ethereum and crypto is Here to stay and in a time where there's too much
money and fiscal spending Bitcoin and ethereum Will have value something like crypto specifically
Bitcoin and ethereum where there's a finite amount Of that that will have value a higher value than
where we're at today value at a much higher number Than where we are today oh yeah I think so big
players understand eth and Bitcoin is the best Hedge on the planet if you think about every
decade the 70s were the decade of inflation The 80s was a decade of kind of Boom bust
huge swings in dollar volatility the 90s Was equitization the.com bubble the odds was the
mortgage bubble and the great financial crisis The teens or the peak of globalization and
probably the peak of Central Bank experimentation With monetary policy right uh the 20s I'm afraid
are going to be that period where we really focus On debt Dynamics country by country fiscal
deficits and the need to run certainly fiscal Policy in a way that gives people confidence
in the long run value of the currency and The problem that we've had really for the last
12 years is that we've we've we've done this Massive experimentation with monetary policy
where we suppressed yields and we did this
Massive experimentation the fiscal side during the
pandemic and so my guess is the 20s are going to Be just the opposite of both we're already seeing
that right now from the central bank we're gonna The whoever is the president in 24 is going to be
dealing with debt dynamics that are so dire and So every so dire that what this is the 1970s no so
dire that that we're going to have to have fiscal Retrenchment and that fiscal retrenchment means
that if we don't have physical retrenchment then Everything that we spent if you think about the
teens which was all about suppressing yields right And I think the 20s will be just the opposite I
mean higher term premiums and bond markets higher Term premiums and stock markets it'll be just the
opposite of what we experienced the last decade so In a time when there's too much money which is
why we have inflation in too much fiscal Spirit Spending something like crypto specifically
Bitcoin and ethereum where there's a finite Amount of that that will have value at some point
someday I don't know when that will be but it Will have value that scares the value at a much
higher number than where we are today oh I think So yeah it is amazing to be able to Bear witness
to the growth of ethereum and eat layer twos eats Ecosystem and L2 ecosystem continues to expand get
bigger and better in this case polygon MasterCard Taps polygon for web 3 artist accelerator
MasterCard announced Friday at the Consumer Electronics Show in Las Vegas Nevada that it will
use polygon blockchain to launch its MasterCard Artist accelerator the program is designed to
help musical artists learn how to expand their Brands through minting nfts on polygon building
online presence on polygon and establishing a Community on polygon while MasterCard has not yet
said who will participate in the accelerator the Company said that the accelerator will end later
this year with a live streamed artist showcase MasterCard says its aim is to create a space
for music content creation collaboration and Ownership using the accelerator to connect artists
worldwide with mentors in web 3 associated with Ethereum and polygon projects building on polygon
increasing daily projects moving over to polygon And the ethereum ecosystem increasing daily a
May amazing to see this polygon paid top Solana Projects youths and D gods to the top nft projects
on Solana 3 million to migrate chains d-labs the Company Behind these nft projects received a
non-equity grant from the layer 2 Chain to fund Its expansion so many of these cryptocurrencies
at least the quality altcoins have treasuries In order to fund things exactly like this and
they're using the money they're putting the Money to good use it looks like at altcoin Daily
it's not always bullish we like to present you With the good the bad the neutral the facts the
reality and this is what you need to know about Grayscale dumps Avalanche from its large Cap Fund
grayscale has dumped all of its Avalanche this is Part of its regularly scheduled rebalancing
interesting that grayscale sold its avax and Used the cash to purchase Bitcoin ethereum
Ada and Matic not that interesting good move And soul interesting move let me know what
you think about all of this in the comments
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if Bitcoin was at like 40K in by by the summer That wouldn't surprise me at all and that's like
two and a half X from here so it's a great return
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