Relaying Chris Camilo's thesis, predicted that Bitcoin's market cap will at least match gold's market cap due to a generational wealth transfer, implying a 9 to 10 times increase from its value on March 8, 2024.
"his entire Bitcoin thesis right now was that it's just we're seeing a generational shift and a generational wealth transfer from old people to the younger generation and the older people their store of value was gold and for our generation it's Bitcoin so as they inherit the wealth the thinking is they will move those gold bars sell them and get rid of them and put them into something they believe more in which is for them Bitcoin which I thought was interesting and that was his entire thesis he's like that alone is enough to at least match the market cap of gold which by today's measure is like a 9 to 10x from today"