BPOI Banner
Bitcoin Will Outperform Other Assets Many Times Over Due to This Factor, Says Strike CEO Jack Mallers Bitcoin Will Outperform Other Assets Many Times Over Due to This Factor, Says Strike CEO Jack Mallers

Bitcoin Will Outperform Other Assets Many Times Over Due to This Factor, Says Strike CEO Jack Mallers

The CEO of Bitcoin (BTC) wallet and payments application Strike believes that the top digital asset could massively outperform all other assets for one key reason.

In a new interview with Peter McCormack on the What Bitcoin Did podcast, Jack Mallers says a loosening monetary policy plus Bitcoin’s finite supply could make it the top-performing asset this market cycle.

“Is this the cycle where central banks try and price fix the bond market? If it is, the quantity of money printing is astronomical. You’re going to get two, three, four, five Covid’s worth of printing. And I think it’s going to send assets astronomically high: gold, real estate, equities. And then Bitcoin is the only truly fixed asset we’ve ever had, and so Bitcoin will outperform everything orders of magnitude.”

Mallers also doubles down on his prediction that Bitcoin will increase by at least 329% of this cycle’s current value.

“I’ve been on record saying I think Bitcoin is going to $250,000 to $1 million… It’s solely predicated on we’re likely to see the greatest asset bull market in the history of bull markets. Why? Because central banks have progressively price-fixed everything. Whenever something breaks, they don’t let the business cycle complete. They don’t let anything fail. They don’t allow for pain.”

Bitcoin is trading for $58,310 at time of writing, down more than 4% in the last 24 hours.

 

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/NextMarsMedia



Source link

Daily Hodl Staff

https://dailyhodl.com/2024/08/30/bitcoin-will-outperform-other-assets-many-times-over-due-to-this-factor-says-strike-ceo-jack-mallers/

2024-08-30 18:05:43

bitcoin
Bitcoin (BTC) $ 91,379.48 2.60%
ethereum
Ethereum (ETH) $ 3,123.10 0.86%
tether
Tether (USDT) $ 1.00 0.10%
solana
Solana (SOL) $ 218.84 2.70%
bnb
BNB (BNB) $ 623.21 0.18%
xrp
XRP (XRP) $ 1.02 26.17%
dogecoin
Dogecoin (DOGE) $ 0.375355 0.16%
usd-coin
USDC (USDC) $ 1.00 0.09%
staked-ether
Lido Staked Ether (STETH) $ 3,121.73 0.82%
cardano
Cardano (ADA) $ 0.741201 20.76%
tron
TRON (TRX) $ 0.193017 6.68%
shiba-inu
Shiba Inu (SHIB) $ 0.000025 4.79%
avalanche-2
Avalanche (AVAX) $ 34.86 7.94%
the-open-network
Toncoin (TON) $ 5.50 3.87%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 91,109.41 2.42%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,697.80 0.83%
sui
Sui (SUI) $ 3.90 15.35%
pepe
Pepe (PEPE) $ 0.000022 3.26%
weth
WETH (WETH) $ 3,123.34 0.99%
chainlink
Chainlink (LINK) $ 14.11 4.92%
bitcoin-cash
Bitcoin Cash (BCH) $ 439.93 3.95%
polkadot
Polkadot (DOT) $ 5.33 8.05%
near
NEAR Protocol (NEAR) $ 6.25 12.09%
leo-token
LEO Token (LEO) $ 7.73 3.71%
litecoin
Litecoin (LTC) $ 88.78 7.79%
aptos
Aptos (APT) $ 12.39 3.80%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,286.40 0.87%
uniswap
Uniswap (UNI) $ 8.85 6.80%
usds
USDS (USDS) $ 0.995206 0.82%
stellar
Stellar (XLM) $ 0.157051 19.04%
crypto-com-chain
Cronos (CRO) $ 0.16672 3.18%
internet-computer
Internet Computer (ICP) $ 9.18 13.09%
bittensor
Bittensor (TAO) $ 526.05 2.97%
dogwifcoin
dogwifhat (WIF) $ 3.75 1.55%
kaspa
Kaspa (KAS) $ 0.14745 12.85%
ethereum-classic
Ethereum Classic (ETC) $ 23.99 7.69%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.30 3.80%
hedera-hashgraph
Hedera (HBAR) $ 0.086746 24.58%
dai
Dai (DAI) $ 1.00 0.01%
whitebit
WhiteBIT Coin (WBT) $ 22.29 0.06%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.00%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.398013 9.23%
blockstack
Stacks (STX) $ 1.94 5.62%
bonk
Bonk (BONK) $ 0.000041 7.26%
render-token
Render (RENDER) $ 7.11 5.17%
monero
Monero (XMR) $ 149.04 2.56%
okb
OKB (OKB) $ 44.19 2.08%
first-digital-usd
First Digital USD (FDUSD) $ 1.00 0.11%
filecoin
Filecoin (FIL) $ 4.27 8.10%
aave
Aave (AAVE) $ 168.61 4.07%