This Billionaire Crypto Bull Just Called Bitcoin A ‘Better Version Of Gold’ — And Says It Could 10x From Here
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The institutional money floodgates have opened for Bitcoin, and one prominent crypto investor thinks the digital asset’s journey is just getting started—despite already trading north of $126,000.
Franklin Jiang, co-chief investment officer at Pantera Capital, told CNBC on Oct. 6 that Bitcoin’s current $2 trillion valuation could eventually swell to match gold’s $22 trillion market cap, representing potential upside of more than 10 times from current levels. His reasoning? Bitcoin is simply “a better version of gold.”
“It’s digital, it’s cheaper to transport and transact with, and it’s global and…
