Finance

Winklevoss twins say bitcoin will be the decade’s best performing asset, see ’25x’ gains from here

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Cameron (L) and Tyler (R) Winklevoss.

Adam Jeffery | CNBC

Early bitcoin investors and founders of crypto-exchange Gemini, Tyler and Cameron Winklevoss, see bitcoin gaining more than 25 times its current value as more investors adopt the cryptocurrency as an inflation hedge.

“We think it will be the best performing asset of the current decade,” Tyler Winklevoss said in an interview with Seema Mody on CNBC’s “Squawk Box” Monday.

“Our thesis is that Bitcoin is gold 2.0 and it will disrupt gold. If it does that it has to have a market cap of $9 trillion. So we think bitcoin could price one day at $500,000 a bitcoin. So at $18,000 bitcoin it’s a hold or if you don’t have any its a buy…



Source cnbc.com

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