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Greg Foss believes that Bitcoin is going to $2 million dollars per coin. And he thinks if you approach Bitcoin mathematically, it is a screaming buy at current prices.
For those who don’t know Greg Foss, he is an ex hedge fund founder and quantitative analyst who has decades of experience in the finance and modelling world.
In terms of modelling & the probabilities behind bitcoin, he’s one of the best.
He recently was interview alongside Larry Lepard on their Bitcoin price predictions and future outlook. Greg had the highest Bitcoin prediction at $2 million dollars per coin. However he argues that if you approach Bitcoin mathematically and looking at the total value of debt in the world, it makes sense.
Greg believes that over time, 10% of the wealth currently in debt markets is going to make its way into Bitcoin. This equates to $40 trillion dollars. $40 Trillion put into Bitcoin would put it to $2 million dollars per coin.
Make sure to stick around to the end of the video where Greg breaks down with probabilities and makes the argument for why Bitcoin at current prices is a screaming buy.
About Greg Foss:
Greg Foss Currently works as the Executive Director - Strategic Initiatives for Validus Power Corp. He previously worked at 3iQ Corp as the Founding Shareholder.
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By: Jamie Tree
Title: "BlackRock Has Unleashed A TSUNAMI On Bitcoin" Greg Foss Crypto Prediction (2024)
Sourced From: www.youtube.com/watch?v=JZ97geV8uSE
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