Ah, Tom Lee! The co-founder, managing partner, and head of research at Fundstrat Global Advisors, is back at it again, predicting a dazzling future for bitcoin. As adoption spreads like a viral cat video, he recently took the stage at the Consensus conference in Canada and boldly declared that bitcoin âshould have the same network value as gold.â Well, if that doesnât make you want to invest your life savings, I donât know what will! đ
Lee Says Bitcoin Could Skyrocket to $1Mâ$1.5M
Now, letâs talk about our friend Tom, who has been waving the bitcoin flag like a cheerleader at a football game. Earlier this year, he predicted that this digital darling would outshine all others by 2025âeven giving gold a run for its money. Yes, you heard that right! He told the audience that bitcoin ( BTC) is not just a pretty face; itâs a network value asset. Who knew?
âBitcoin is a little bit like a Swiss Army knife,â Lee mused, âbecause it really does meet the fact that itâs a risk-on asset, but itâs a network value asset. And as more people adopt bitcoin, it explains most of the increase in price.â So, itâs a multi-tool for your financial needs! And letâs not forget, itâs a great safe haven asset. Over the next decade, he suggests we think of bitcoin as having the same network value as gold. Because why not? đ¤ˇââď¸
Lee added:
You know gold, if itâs a $23 to $30 trillion asset, that means bitcoin should be, at least a million, [to a] million and half dollars.
//news.bitcoin.com/bitcoin-price-charges-into-new-territory-fueled-by-etf-frenzy-and-soft-inflation/”>inflation,
currency dilution
, and financial instability. He envisions bitcoin as a hybrid: part risk-on tech asset, part safe haven. Itâs like the Swiss Army knife of investments! đ ď¸
However, the road to matching goldâs value is not all sunshine and rainbows. It requires sustained trust, infrastructural maturity, and macroeconomic conditions that favor decentralized alternatives in a rather chaotic financial landscape. So, buckle up, folks! Itâs going to be a bumpy ride! đ˘
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2025-05-25 18:29