Interview · moment 3 of 21

Bitcoin as 'Gold 2.0' and the $500k Price Target

from #255 - Bitcoin Winklevoss Jake Paul | The Tim Dillon Show · #255

2 min

Guest

The Winklevoss twins lay out their thesis that Bitcoin's fixed supply makes it superior to gold and predict it will reach $500,000 within a decade, while Tim mocks their cocaine-fueled confidence.

In this bit5 moments
  • Tim asks about NFTs and whether they're getting people involved in the crypto space.
  • Elon Musk tweeted about a crypto called Cummies or Come Rocket, and it went up 30% on his recommendation.
  • Tim jokes that if Elon Musk is having a bad day, then everyone's having a bad day, and suggests they need a new nominee to replace him.
  • Bitcoin rising and falling on the whims of one Twitter account — does this actually hurt the cryptocurrency long-term?
  • Bitcoin is about a community, a movement, a revolution, not about one person.
Mentioned here

Elon MuskBitcoinNFTs

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