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The current market capitalization of Bitcoin is severely undervalued, with the fair value being somewhere in the millions per coin in current dollar terms, said Dan Held, director of growth at Kraken.
Speaking to David Lin, anchor for Kitco News, Held said that “I think Bitcoin’s market capitalization should be between $10 and $200 trillion, would be the most appropriate valuation.”
0:00 – Bitcoin adoption curve
6:35 – Bitcoin Price Cycle
11:57 – Bitcoin’s Value Projection
18:25 – Regulations on Cryptocurrencies
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