​Mark Yusko is confident that Bitcoin will easily reach the pr | Global CRYPTO News

​Mark Yusko is confident that Bitcoin will easily reach the price of $ 300,000

Mark Yusko, founder and CEO of cryptocurrency hedge fund Morgan Creek Digital, remains confident that the price of Bitcoin (BTC) will hit six figures.

In an interview with Wolf of All Streets, Yusko said that if bitcoin is perceived as the digital equivalent of gold, it could potentially reach the same market capitalization as the precious metal. As a result, in the future, it will be 887% of current levels at a BTC price of $300,000.

"$300,000 is so easy for me that it's not even worth arguing about. Because bitcoin is better than gold as a store of value, unit of account, more portable…

If I had a bar of gold and I wanted to break it in half and send you half, but I'm not strong enough to do it.

Secondly, I couldn't shove it into the computer to send it to you. But if I want to send some bitcoins, it only takes a couple of buttons."

At the same time, the expert added that the market capitalization of gold at $ 12 trillion, approximately half consists of jewelry that is not used as a monetary base. Accordingly, bitcoin will have to reach only $ 6 trillion in order to displace gold in leadership among the savings assets.