Bobby Lee Expects Bitcoin’s Market Cap to Surpass Gold’s $8 Trillion Size in Next 8 Years

2019-11-19 23:08

Bobby Lee, the ex-CEO of what was the most famous Chinese cryptocurrency exchange at some point, has said in an interview that he expects Bitcoin to overtake gold’s market cap over the next 10 years.

His thoughts were also shared on Facebook’s Libra, together with his heightened interest in what’s happening on the Chinese front. […].

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years chinese bobby expects bitcoin market cap

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2019-11-2 22:24


Ôîòî:

Chinese Listed Companies and Bitcoin Mining: Partner or Predator?

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Dow Leaps Higher as Chinese Stock Market Closes Best Day in 3 Years

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China Looks to Finally Regulate Crypto Industry in What Appears to be a Momentous Moment

Just a few years back, China pretty much dominated all of the world’s cryptocurrency trading and mining markets— with nearly 75% of the entire planets’ mining coming from the Asian powerhouse. However, all of that changed in 2017, when the Chinese government put in place a series of bans that suddenly toppled the nation’s burgeoning […]

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Beyond Store of Value – How Can Bitcoin Be A Viable Medium of Exchange and Unit of Account?

How can a good store of value (SoV) also be a good medium of exchange (MoE) and unit of account (UoA)? Seems too perfect, right? With Bitcoin expected to rise in value forever, wouldn't it be prohibitive to use Bitcoin for paying for things? This perspective comes from measuring Bitcoin's value in an inferior, depreciating […] The post Beyond Store of Value – How Can Bitcoin Be A Viable Medium of Exchange and Unit of Account? first appeared on BitcoinExchangeGuide.