What does Scott Minerd believe Bitcoin's value should be?
Why Bitcoin May Have 1 Billion Users in Next Few Years
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The video discusses the influence of institutional buyers on Bitcoin prices, highlighting a significant uptick in institutional adoption compared to retail. It mentions major companies like PayPal and Facebook embracing crypto, predicting user growth from 100 million to a billion. The video also addresses evolving regulations, noting that governments are becoming more comfortable with crypto, recognizing its permanence and broader implications beyond Bitcoin.
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5 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
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How has institutional adoption of Bitcoin changed according to the text?
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3.
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What role do major companies like PayPal and Facebook play in the cryptocurrency market?
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How have regulations around Bitcoin evolved according to the discussion?
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5.
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What is the overall sentiment about the future of Bitcoin and cryptocurrency in the text?
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