This Catalyst Could Trigger Bitcoin Explosion to a Six-Figure Price at Neck-Breaking Pace, Says Jack Mallers - The Daily Hodl

The Daily Hodl
The Daily Hodl

20 Nov 2023 9:00 PM

The CEO of Lightning Network wallet Strike says one catalyst could trigger a surge for the king crypto that could swiftly see it hit a six-figure price tag....

  • Jack Mallers, CEO of Lightning Network wallet Strike, predicts that Bitcoin (BTC) could reach a six-figure price tag in the future.
  • Mallers believes that the US government's mounting debt will be a catalyst for Bitcoin's surge in value.
  • He explains that Bitcoin's price is determined by technology and fiat liquidity, and it will continue to rise due to its innovative technology and being a better form of money.
  • The government's decision to print money to prop up the economy instead of opting for a hard reset will cause assets like stocks, crypto, and gold to soar.
  • Mallers suggests that owning assets like Bitcoin, gold, and the S&P 500 is a way to protect oneself from the devaluation of the US dollar.

The sentiment of the article is positive towards Bitcoin's potential for a significant price increase in the future due to the US government's debt and money printing.

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You May Ask

What does Jack Mallers predict about Bitcoin's future price?What factors does Mallers believe will contribute to Bitcoin's rise in value?Why does Mallers think the US government's debt will cause assets like Bitcoin to soar?How can individuals protect themselves from the devaluation of the US dollar, according to Mallers?What is the current trading price of Bitcoin?

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