2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC104: The US FED & Treasury Need Bitcoin w/ Luke Mikic (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Bitcoin Needs a Million Dollars

When bitcoin needs a million dollars lots of people are going to sell their bitcoin. The buyer who's going to step in on the other side of that is going to have a lot more capital like for example apple microsoft what do they have 200 billion dollars of milking fiat currency sitting on their balance sheet? They need to start putting that to work but they can't today when bitcoin's a 300 or 400 billion dollar asset class. When it gets to say five 10 trillion dollar asset class that's when they actually start allocating to bitcoin any kind of way.

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