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"MASSIVE BTC Volatility on the Horizon!" Jeff Booth’s Shocking Bitcoin Prediction
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In his latest interview, Bitcoin entrepreneur and author of the book, The Price of Tomorrow, Jeff Booth, spoke about Bitcoin's superior store of value to all other assets.
For Booth, even Real Estate Investments, which traditionally have provided one of the most stable store of value, cannot compete with the superiority of the digital asset Bitcoin.
He notes that in just 7 months during 2024, the Crypto market has surged by $623 billion, as the market value of Bitcoin has risen by over $20,000. That's around a 36% increase in net value, with significant inflows coming, thanks in large part to the Bitcoin Spot ETF launches.
Booth emphasizes the importance of early adoption in the Bitcoin ecosystem, arguing that although the market is rapidly expanding, it is still very early days. Booth goes on to note how significant it is to have an asset that is decentralised and secure.
He goes on to provide insight into how he uses Bitcoin, and some of the challenges that still exist when trying to move to a fully Bitcoin centred economy in his native Canada. He encourages more widespread adoption of Bitcoin and application based on the Bitcoin protocol layer, stressing how such a move will have huge impacts on the market, and speed the rate of transition out of the traditional financial system.
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