922: CRYPTO BILLIONAIRE BROCK PIERCE SAYS BITCOIN WILL EITHER CRASH TO ZERO OR EXPLODE TO $1,000,000!! - a podcast by Justin Verrengia

from 2022-05-08T16:29:49

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Crypto billionaire Brock Pierce says that Bitcoin will either fail spectacularly or become massively successful.

“[Bitcoin]could go to zero. It’s a binary outcome. It’s either going to go to $1 million a Bitcoin or zero. It’s going to be one or the other, which is why you shouldn’t put everything there.”

“This reminds me a lot of 1999, right? We are in that phase. And what came out of that? eBay and Amazon and all sorts of interesting businesses came out of the Dot-Com sort of 1.0 era. And a bunch of it went to zero. And I think that will probably be true of what we see here.That doesn’t mean the innovation isn’t real and it’s not going to play an important role in our collective future.”
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