Do you own Bitcoin now?
I bought Bitcoin in one brief rally. I’m waiting to buy it again if and when it has the sort of crash [I mentioned]. If that happens and it’s still alive and a lot of other [stupid] coins go under, then I would buy Bitcoin.
If you buy Bitcoin at $4,000, the projection from the smart money — including the players in Florida and Cathie Wood [founder and CEO] of Ark [Investment Management] — is $1 million.
The best people say that $100,000 is fair value now. My target is $115,000. Then it crashes, and five to 10 years after that, the next thing you know, it’s at $1 million. So if you’ve bought it at $4,000 and it goes to $1 million, how are you going to beat that run!
The industry is huge. It’s the next internet — the internet of money and financial assets, rather than the internet of information. It’s a big thing.
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