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Bitcoin will surpass gold’s market cap soon, gold is ‘pretty much dead’ – Scott Melker

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Bitcoin is mosting likely to "turn gold" in market capitalization once crypto ETFs make it also easier for institutions as well as generalist financiers to own the asset, claimed Scott Melker, host of "The Wolf of All Streets."

" For me, if you're discussing 10, 20 years later on, Bitcoin is conveniently a seven-figure property," Melker told David Lin, anchor for Kitco Information.

0:00 – Bitcoin cost outlook
6:00 – Protection, hacking concerns
9:20 – Ethereum "flippening".
11:41 – Drivers of higher Bitcoin rates.
14:02 – Bitcoin ETF.
16:50 – Currency in blood circulation.
20:31 – Threats for Bitcoin.
22:20 – The metaverse and also cryptos.
23:56 – The Wolf of All Streets.

#Bitcoin #crypto #ScottMelker.
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Bitcoin will surpass gold's market cap soon, gold is 'pretty much dead' - Scott Melker

Bitcoin is going to "flip gold" in market capitalization once crypto ETFs make it even easier for institutions and generalist investors to own the asset, said Scott Melker, host of "The Wolf of All Streets."

“For me, if you’re talking about 10, 20 years down the road, Bitcoin is easily a seven-figure asset,” Melker told David Lin, anchor for Kitco News.

0:00 - Bitcoin price outlook
6:00 - Security, hacking concerns
9:20 - Ethereum "flippening"
11:41 - Drivers of higher Bitcoin prices
14:02 - Bitcoin ETF
16:50 - Currency in circulation
20:31 - Risks for Bitcoin
22:20 - The metaverse and cryptos
23:56 - The Wolf of All Streets

#Bitcoin #crypto #ScottMelker
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

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Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.