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How Bitcoin Will Hit $7 Billion Per Coin” - Peter Dunworth
Episode 1407
Published 2 years, 5 months ago
Description
Crypto investing veteran, Peter Dunworth, says Bitcoin should be worth at least $7 Billion dollars per coin. In an exclusive new interview with Peter McCormack on the What Bitcoin Did podcast he breaks down the math of how he thinks this is possible. “The first valuation framework is simple in that there’s $6.3 trillion of global trade that happens on a daily basis, and if you divide $6.3 trillion by the 900 BTC that are minted on the day you get to $7 billion a coin.”
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