Why This Wall Street CEO Says Bitcoin’s Price Isn’t Nearly High Enough

May 2, 2025

Tad Smith, former CEO of Sotheby's and Madison Square Garden, dives into the fascinating world of Bitcoin. He discusses its recent market revival and the growing interest from institutional investors. Smith draws intriguing comparisons between Bitcoin and gold, emphasizing how corporate adoption is reshaping financial strategies. The conversation also touches on Europe's regulatory challenges against Bitcoin's decentralized nature and the potential of digital assets in enhancing business efficiency. His insights offer a compelling look into the future of Bitcoin.

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INSIGHT

Bitcoin's Undervaluation Insight

Bitcoin is extremely undervalued considering current government and corporate adoption.
It's the most bullish moment in years due to growing recognition of its monetary properties.

INSIGHT

Liquidity Drives Bitcoin and Gold

Global liquidity is a key driver of Bitcoin and gold prices.
Bitcoin is increasingly seen as a safe asset unaffected by trade tensions and economic cycle risks.

INSIGHT

Institutional Bitcoin Narrative Shift

Institutional investors view Bitcoin differently than other cryptos, focusing on it as a safe store of value.
The failure of the 60-40 portfolio model steers institutions toward Bitcoin for diversification rather than high-beta cryptos.

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