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1853: “Bitcoin to $500,000 Is ‘EASY’ If Strategic BTC Reserve Happens”
Manage episode 456395237 series 2835096
Matt Hougan, Chief Investment Officer at Bitwise Asset Management forecast hinges on the potential establishment of a US Strategic Bitcoin Reserve (SBR). Addressing this, Hougan remarked, “If we do get a Bitcoin strategic reserve where the government is buying Bitcoin, as proposed in Senator Lummis’ bill for the government to purchase a million Bitcoin, $200,000 Bitcoin is going to be looking quaint. You’re going to be looking at three four $500,000 Bitcoin. It’s just too big a story because governments all around the world would have to do it.”
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1317 episode
1853: “Bitcoin to $500,000 Is ‘EASY’ If Strategic BTC Reserve Happens”
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
Manage episode 456395237 series 2835096
Matt Hougan, Chief Investment Officer at Bitwise Asset Management forecast hinges on the potential establishment of a US Strategic Bitcoin Reserve (SBR). Addressing this, Hougan remarked, “If we do get a Bitcoin strategic reserve where the government is buying Bitcoin, as proposed in Senator Lummis’ bill for the government to purchase a million Bitcoin, $200,000 Bitcoin is going to be looking quaint. You’re going to be looking at three four $500,000 Bitcoin. It’s just too big a story because governments all around the world would have to do it.”
Learn more about your ad choices. Visit megaphone.fm/adchoices
1317 episode
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