Regarding an article published on the 4th December 2020 titled “Bitcoin will go ‘substantially higher’ over the next 20 years as adoption of digital currencies increases globally, says billionaire Paul Tudor Jones” by The Business Insider.
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If there is one man in traditional finance worth listening to then it probably is the man behind Tudor.
“There’s no way possible today to know what the next 10 or 20 years are going to be like and I know that if I had to again take a position I’m going to take the brand name which is bitcoin,” Jones said. “I’m going to assume that it’s the wrong price for the possibilities that it has and I’m going to assume that the path forward from here is north.”
Nobody is an expert on Bitcoin and so nobody knows where its fiat price will go. I have to agree with Paul though, it goes northwards from any price point your arrive at.