Yes, they’re at it again! Cameron and Tyler Winklevoss, the billionaire identical twin duo that seem to be forever bullish on Bitcoin are predicting that the cryptocurrency will outperform all other forms of investing over the next decade. Tyler suggests that even with the price being where it is, there is still room to earn 25 times your investment and that Bitcoin will almost certainly be more valuable than gold and reach a total market capitalization of
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Why the Winklevoss Twins Are So Bullish
Even with Bitcoin crossing $25,000 CAD in value earlier today, it seems the Winklevoss twins (and every other investor that’s bullish on Bitcoin for that matter) are betting against the biggest elephant in the room when they invest in cryptocurrencies. That’s inflation.
Both Cameron and Tyler believe that the concept that someday regulators will straight up outlaw Bitcoin is simply never going to come to fruition. They point out that even this year, Bitcoin is outperforming all other equities.
Smart Money and Retail Investors Agree
Many billionaire Bitcoin bulls agree with the Winkelvoss twins and retail investors are clearly following suit. But one pundit you may have never heard of before thinks Joe Biden’s administration should take the next step and integrate bitcoin into America’s financial system. That man is Niall Ferguson, a respected columnist at Bloomberg and a noted historian on American finance. Ferguson notes that if millionaires decided to hold 1% of their wealth in Bitcoin, it would be worth
With previously noted Bitcoin bears turning bullish, like Paul Tudor Jones and Ray Dalio, it’s only a matter of time before the virtues of Bitcoin reveal themselves in the form of proving the predictions of the Winkelvoss twins right once and for all.
Looking to
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Written by: Jack Choros
Writer, content marketing at Netcoins.
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