Bitcoin is becoming 'electronic gold' and there is a case to be produced the current cost rise to continue to $100,000 by 2021, states Hong Fang, CEO of OKCoin, one of the biggest crypto exchanges in the world.
Fang argues that should bitcoin reach also 25% of gold's global market capitalization of $9 trillion, that figure would certainly amount to a rate array for BTC of $80,000 to $100,000.
0:00 – Instance for $100,000 bitcoin
3:33 – The path to greater rate
7:05 – Gold vs. bitcoin correlation
9:00 – Bitcoin as well as gold comparison
12:09 – Property allotment
15:44 – Government and also crypto
18:50 – OkCoin
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