Renowned global investment manager, VanEck which currently has $69 billion in assets under management, explained a framework that analyzed where the value of Bitcoin (BTC) would end up if it were to be adopted as the world’s reserve currency.

“Gold prices of around $31,000 per ounce and potential Bitcoin prices of around $1,300,000 per coin. Adjusting for greater strains on financial and monetary systems generates even higher prices.”

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