Adam Back Predicts Bitcoin Reaches $1.5M Gold Parity This Cycle

BTC1.51%
According to a statement shared on May 24, Adam Back predicted Bitcoin could reach gold market parity this cycle, placing BTC near $1.5 million per coin. The cypherpunk legend's forecast assumes Bitcoin matches gold's $30 trillion-plus market capitalization. Back stated BTC would function as digital gold and defended its long-term value against recent skepticism.
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