Saturday 26 December 2020

Why Bitcoin will outperform Tesla and Gold

Governments can't control Bitcoin, so I expect it to go to 11 trillion market cap or more, or at least 610k USD per Bitcoin. Apple is worth over 2.2 trillion, Tesla is at 0.63 trillion, Bitcoin is now at 0.5 trillion. All the worlds gold is about 11.5 trillion USD. Historically companies get broken up once they get too powerful at about 8 trillion USD inflation adjusted (oil companies and Dutch East India company). So I expect tech companies to go up to 8 trillion before being split into 2.

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