Robin Seyr $10M BTC by 2030: SUPPLY SHOCK Bigger Than Anyone Thinks!
Jan 23, 2025
Dr. Murray Rudd, an Economics professor, dives into the potential for Bitcoin's price to skyrocket due to supply shock, possibly reaching $5 million to $10 million. He discusses the struggles Bitcoin faces in academia and its environmental implications, suggesting it could enhance renewable energy economics. Rudd also highlights the economic advantages of Bitcoin for state investments and how minimal allocations can hedge against inflation. The conversation emphasizes the need for education on Bitcoin's benefits and its serious role in future financial landscapes.
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Supply Shock Impact
- Bitcoin's price will skyrocket due to the upcoming supply shock.
- This shock will likely occur when the liquid supply dwindles to 1 million Bitcoin.
Bitcoin's Environmental Benefit
- Bitcoin mining can improve renewable energy economics and waste cleanup.
- It monetizes underutilized energy sources like landfill gas and variable wind/solar power.
Misconceptions about Bitcoin
- Many still believe Bitcoin harms the environment due to energy consumption.
- Rudd emphasizes considering the broader context, including Bitcoin's utilization of waste energy.