I am going to have to go ahead and quote JJG here: WTF IS CRYPTO?
Do institutional investor CEO's really not know how to spell Bitcoin? Or maybe they think crypto is another word for Bitcoin? Its the only way to explain their crappy investment decisions...
Larry Fink said that he is cannot talk about Bitcoin because of the ongoing ETF filing with the SEC... But in essence he probably means Bitcoin.
if I understand Larry Fink correctly, he says that Bitcoin will surpass any fiat currency in market cap.
https://nitter.net/DocumentingBTC/status/1679879207252381697For that Bitcoin would need to reach
at least 1.9 mill per coin... (going by today's
data)
Doable within 3 halvings or less would be my estimation
but I'm a retard, so who cares..he couldn't talk about Bitcoin specifically, because of the filing with the SEC, so he said "a lot of crypto".
But even if we assume that BTC makes up about half of that market. It would still reach
at least a million. I could live with that...