Willem Middelkoop: Bitcoin Could Reach 1 Million by 2030
Central banks are purchasing gold at unprecedented levels but are avoiding Bitcoin due to its uncontrollable nature. Willem Middelkoop, founder of the Commodity Discovery Fund, highlights that central banks prefer assets they can manage, while Bitcoin's price and supply are beyond their influence. He notes that institutional investors, including his fund, are increasingly adopting Bitcoin through ETFs. Middelkoop discusses various topics, including the debasement trade involving Bitcoin and gold, the potential decline of the dollar system, and the implications of BRICS and de-dollarization. He emphasizes that central banks will not hold Bitcoin as they cannot control it, and he targets a price of 1 million for Bitcoin by 2030.
-- Price
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