Larry Lepard, founder of Boston-based investment firm Equity Management Associates, has suggested that the long-term collapse in the US economy will raise Bitcoin (BTC) to $10 million.
Celebrity fund manager Larry Lepard said in an interview published on April 10, bitcoin and such to constant supply decades of dollars of assets owned ongoing depreciation before the spiral to unprecedented levels He claimed he would. Lepard put forward hypothesis In terms of Bitcoin’s average 10 During the year 10 million up to the dollar level going out expressed.
The US economy is increasingly inflationist The founder, who claims that it has an air of the death of the dollar when they realize to fixed-supply assets He said they would flock.
At this point, it is seen as an important value storage tool. of gold And of bitcoin to be resorted to by intelligent people main options Lepard stated that he had the following statements on the subject:
If gold goes up to $10,000 tomorrow, we’ll get more gold because we know where it is. However, even if Bitcoin is 100 thousand dollars, we cannot increase its supply, this is the point that makes it strong.
Investors over time to bitcoin your interest in will increase The founder, who pointed $100,000 in 2024 will be seen and then the price parabolic as the increase 1 million and ultimately 10 million dollar levels will pass He claimed.
About the risks bitcoin and the underlying blockchain of technology unsuccessful probability of being not implying that in the long run, Lepard winning a scenario without that you can’t see told.
On the other hand, the founder is responsible for governments’ participation in crypto money markets. entrance And making exits difficult or tax regulations with bitcoin and the cryptocurrency market may try to slow down its development expressed.