Herein, the former Coinbase executive claimed that the flagship cryptocurrency would reach a million dollar valuation within 90 days.In the interview, Balaji Srinivasan reaffirmed his bold price prediction for the king of cryptocurrencies. The former Coinbase executive was confident that BTC will reach a million dollars in the timeframe that he predicted.shared Balaji’s confidence, but only on the valuation.
While Balaji Srinivasan seems to be counting on rapid hyperinflation for Bitcoin to achieve this massive feat, Wood stated that fears of deflation and country party risk will help ignite Bitcoin’s next bull run. “The fact that a digital gold like thing now exists is something that they did not predict could exist and this generation of keynesians,” he added.
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Source: CryptoAmb - 🏆 22. / 68 Read more »