Bitcoin bull Robert Breedlove, host of The "What is Money?" podcast is predicting the massive expansion of the US dollar supply in the next eight years, which he says will ignite Bitcoin’s meteoric rise to $12.5 million.
"During that time, I expect Bitcoin [to be] the ultimate, irrepressible non-counterparty insurance policy against central banks to appreciate in tandem, so I think its purchasing power will increase to $1 million in 2021 purchasing power [terms] but by that time, due to the expansion of the money supply…Bitcoin will actually be nominally valued at $12.5 million."
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