Bitcoin will surpass gold's market cap soon, gold is 'pretty much dead' – Scott Melker

Bitcoin will surpass gold's market cap soon, gold is 'pretty much dead' – Scott Melker

Bitcoin is going to “flip gold” in market capitalization once crypto ETFs make it even easier for institutions and generalist investors to own the asset, said Scott Melker, host of “The Wolf of All Streets.”

“For me, if you’re talking about 10, 20 years down the road, Bitcoin is easily a seven-figure asset,” Melker told David Lin, anchor for Kitco News.

0:00 – Bitcoin price outlook
6:00 – Security, hacking concerns
9:20 – Ethereum “flippening”
11:41 – Drivers of higher Bitcoin prices
14:02 – Bitcoin ETF
16:50 – Currency in circulation
20:31 – Risks for Bitcoin
22:20 – The metaverse and cryptos
23:56 – The Wolf of All Streets

#Bitcoin #crypto #ScottMelker
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