Winklevoss Doubles Down: Bitcoin’s ’Fair Value’ is $1M—Or Your Portfolio’s a Joke
Cameron Winklevoss just threw gasoline on the crypto bull market—declaring Bitcoin’s ’true’ price should hit seven figures. No caveats, no apologies.
The Winklevoss Thesis: Gold 2.0 on Steroids
His argument? Bitcoin eats gold’s $10T market cap for breakfast. At $1M per coin, BTC would still be half as valuable as all the world’s mined gold—’and way more useful than a shiny rock,’ he’d probably add.
Wall Street Rolls Eyes (While Secretly Buying)
Traditional finance types will scoff—right before adjusting their ’uncorrelated asset’ allocations. Because nothing says ’hedge against inflation’ like a digital asset that swings 20% before lunch.
Love it or hate it, the $1M call forces a question: if not Bitcoin, what’s your store of value—a savings account yielding 0.5%? Good luck retiring on that.