World Gold Council CEO Blasts Bitcoin, Predicts It Goes to Zero
6 Articles
6 Articles
WGC CEO David Tait considers Bitcoin to be worthless in the long term – but still recommends the cryptocurrency as a supplement to gold.
World Gold Council CEO David Tait predicts that Bitcoin will eventually reach zero, arguing that it doesn’t work as a crisis cover. Is it right? Cryptocurrency advocates respond with institutional adoption and fixed supply. *** World Gold Council Executive Director David Tait says Bitcoin will end up worthless by acting as a risk asset and not as a crisis cover. Tait acknowledged that his zero prediction is based on his personal instinct as a tr…
In the recurring series "the Bitcoin will end up falling to zero", here comes the time for the analysis of the CEO of the World Gold Council (WGC), David Tait. He still believes that investors should keep BTC in their portfolios, in addition to gold. L的article Why the Bitcoin will eventually fall to zero? The CEO of the World Gold Council explained himself appeared first on Cryptoast.
World Gold Council CEO Blasts Bitcoin, Predicts It Goes to Zero
World Gold Council CEO David Tait says bitcoin is headed for zero because the supposed hedge keeps showing up as high-beta risk when markets turn ugly. Tait made the call in a Consensus Miami interview with David Lin, posted on Youtube later that month, and has recently gone viral on social media. It is circulating […]
World Gold Council’s Bitcoin zero forecast tested as price h
🚨 Bitcoin holds near $63,000 as World Gold Council’s CEO defends bold zero prediction. 📊 Citi and other banks have sharply cut their $BTC price targets for 2026. 🪙 Gold demand from central banks reached a new high with prices above $4,400 per ounce. 📉 Bitcoin is well...
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