{"id":150684,"date":"2023-09-06T12:40:51","date_gmt":"2023-09-06T07:10:51","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=150684"},"modified":"2023-09-06T12:40:51","modified_gmt":"2023-09-06T07:10:51","slug":"bitcoin-could-reach-comically-large-market-cap-if-this-trend-unfolds-according-to-macro-guru-lyn-alden-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoin-could-reach-comically-large-market-cap-if-this-trend-unfolds-according-to-macro-guru-lyn-alden-crypto-news\/","title":{"rendered":"Bitcoin Could Reach \u2018Comically Large\u2019 Market Cap if This Trend Unfolds, According to Macro Guru Lyn Alden &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Popular macro expert Lyn Alden thinks Bitcoin (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/bitcoin\/\">BTC<\/a>) will gradually make up a much larger chunk of global wealth.<\/p>\n<p>In a new interview with Peter McCormack, Alden <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=wZdSn2n3TUg&amp;t=3118s\">says<\/a> that individuals will likely want a higher percentage of their liquid net worth in a \u201cself-custodial, globally portable\u201d digital asset.<\/p>\n<p><em>\u201cWhat percentage of your net worth would you want that in? And I think a reasonable answer is a lot higher than the current number. The current number is a tiny fraction of 1%. And so if you say, \u2018What if the answer is 5%? What if it\u2019s 10%?\u2019 You get to comically large Bitcoin market capitalizations even if Bitcoin just becomes this asset that people, in general, want a few percentage [points] of their liquid net worth in.\u201d<\/em><\/p>\n<p>Alden says Bitcoin can also be compared to other currencies, arguing that BTC has been \u201cclimbing up the scale\u201d of monetary saleability, liquidity and network effects.<\/p>\n<p><em>\u201cIt keeps getting higher and higher in terms of what country\u2019s monetary base it\u2019s bigger than. I think one idea is to think, \u2018Okay, is it better or worse than those currencies overall?\u2019 And therefore, if your answer is that it\u2019s better, you should expect it to probably keep climbing that stack.\u201d\u00a0<\/em><\/p>\n<p>BTC is trading at $25,757 at time of writing.<\/p>\n<p><iframe loading=\"lazy\" title=\"Part 3: How Bitcoin Fixes Money with Lyn Alden\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/wZdSn2n3TUg?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"color: #ffffff\">I<\/span><\/p>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">Twitter<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p><a rel=\"nofollow noopener\" target=\"_blank\" class=\"maxbutton-4 maxbutton maxbutton-check-out-the-latest-headlines-bigger\" href=\"https:\/\/dailyhodl.com\/news\/\"><span class=\"mb-text\">Check Latest News Headlines<\/span><\/a><\/p>\n<p>&amp;nbsp<\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><span style=\"font-size: 10pt\"><em>Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Popular macro expert Lyn Alden thinks Bitcoin (BTC) will gradually make up a much larger chunk of global wealth. In a new interview with Peter McCormack, Alden says that individuals will likely want a higher percentage of their liquid net worth in a \u201cself-custodial, globally portable\u201d digital asset. \u201cWhat percentage of your net worth would [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":150685,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-150684","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/150684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=150684"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/150684\/revisions"}],"predecessor-version":[{"id":150687,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/150684\/revisions\/150687"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/150685"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=150684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=150684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=150684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}