20 min listen
1286: ADAM BACK: Hyperbitcoinization Coming, As Bitcoin Wholecoiners Hit 1 Million!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
1286: ADAM BACK: Hyperbitcoinization Coming, As Bitcoin Wholecoiners Hit 1 Million!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
ratings:
Length:
31 minutes
Released:
May 19, 2023
Format:
Podcast episode
Description
1 million Bitcoin wallets now have a balance of 1 BTC or more, but the real magic is yet to come, says Adam Back, CEO and co-founder of Bitcoin firm Blockstream, making a case for “hyperbitcoinization” soon to come.
"because 10mil people trying to buy 1 BTC over a few years would push the price out of reach. And many current hodlers are not selling. Eg very few of the recent whole coiners would re-sell, probably moving up to their next target for extra bitcoin, most are trying to buy more!"
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"because 10mil people trying to buy 1 BTC over a few years would push the price out of reach. And many current hodlers are not selling. Eg very few of the recent whole coiners would re-sell, probably moving up to their next target for extra bitcoin, most are trying to buy more!"
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
May 19, 2023
Format:
Podcast episode
Titles in the series (100)
610: MAX KEISER SAYS, BITCOIN TIPPED TO HIT $220K AS CHINA SHUTDOWN SEES MINERS AIRLIFT EN MASSE TO USA!!: CHINA's Bitcoin crackdown has caused the nation's miners to flee en-masse and set up operations in the US, with one expert Max Keiser stating the move affirms his price target of "$220,000 BTC for 2021". Referring to the move by China Bitcoin pioneer... by Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News