Why Bitcoin Could Reach $870K: Insights from Former Binance CEO Changpeng Zhao on Gold Parity Value
At the Bitcoin MENA 2024 event, Binance CEO Changpeng Zhao suggested that Bitcoin could one day exceed gold’s Market capitalization, which is estimated to be around $16 trillion. He highlighted Bitcoin’s advantages, such as its fixed supply, ease of transfer, and transactional efficiency, in contrast to gold’s uncertain supply. If Bitcoin’s value reaches this goal, ...
