
2368: Senator Lummis Says Bitcoin Is Headed To $10 Million Per Coin
Senator Cynthia Lummis says Bitcoin is headed to $10 million per coin.
In Episode 2368, we examine the logic behind that prediction and why Bitcoin's path forward may have less to do with retail investors and more to do with capital allocation. We discuss the CLARITY Act, institutional adoption, expanding access, wealth management platforms, and the growing role Bitcoin is beginning to play within traditional finance.
We also explore Bitcoin's position relative to gold, bonds, and other major asset classes, and why even small allocations from enormous markets could have outsized effects on price over time.
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