Bitcoin once again,
dethrones Amazon to take the 5th most valuable asset in the world. This solidifies bitcoin’s place in the world. It’s not just a niche up and coming technological innovation. It’s an asset that is actually with the big guys. Which speaking of.. Apple is next on the list and potentially might be surpassed by bitcoin soon. Apple has a $3 trillion market cap while bitcoin sits at $2.14 trillion market cap now.
How soon do you think bitcoin can take Apple’s spot and what would be the implications of this for the market?
The implication is very well for the market and that is because there will be more confidence given to Bitcoin when it's aligned with the big boys. Those that have been so skeptical about Bitcoin will start to see why we're on it and that's the reason why more institutions are investing on it. I'm not sure when it will be taking over the Apple spot but I'm sure that we'll see it in no time. If it don't happen for this year and cycle, expect that the next cycle might be bigger and will make the price of Bitcoin even higher and so as its market capitalization.