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I just saw that Eric Trump keeps insisting that Bitcoin is just getting started and could reach $1 million. Honestly, the guy is quite optimistic considering BTC is hovering around $73.6K and has dropped significantly from the $126K in October.
But well, his argument isn't so far-fetched. He says that over the past decade, Bitcoin has increased about 70% annually on average. That’s a huge gain compared to any other asset class. He challenged people to name something that has performed better. Exactly, it's hard to argue against those numbers.
The interesting part is that he said this at the World Liberty forum, which is linked to Trump family’s crypto company. So clearly, they have skin in the game. But still, if you look at Bitcoin’s history, those who said “it’s just speculation” 10 years ago looked pretty foolish afterward. What do you all think, is a million dollars realistic or is it just hype?