Bill Barhydt
10 tracked predictions · 0 hit · 0 partial · 0 miss · 10 still open
open Bill Barhydt: Crypto will merge with AI in the next 3 to 5 years, leading to significant developments.
“hi everybody Peter dandis here and welcome to moonshots at this moment uh the price of Bitcoin is $56,950 and my blood gluc glucose level as measured on my levels app is 110 and I measure my blood glucose level like I measure Bitcoin because it's important for my health”
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open Bill Barhydt: Democrats might soften their stance on Bitcoin during the election cycle.
“There has been any softening in in their point of view on on bitcoin.”
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open Bill Barhydt: There will eventually be incentives to close the loophole of taking tax write-offs immediately on crypto assets.
“I suspect at some point they would be incentivized to close that loophole by way one of the things that Kennedy proposed was that there should not be any capital gains taxes on uh selling um you know crypto assets that are commodity assets um and I I agree with him on this I think I think it's ridiculous um this is a store of value so you're effectively getting taxed twice in the same thing so basically we're paying a tax on the fact that you're decreasing the purchasing power of the dollar at my expense so I've chosen to put my stuff in another digital currency that doesn't have that problem and now I have to pay you extra for the rights to not have my purchasing power fall when I've already paid tax on the the wealth that I in order to get the Bitcoin in the first place so it doesn't make any sense right”
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open Bill Barhydt: Bitcoin will reach a million dollars per coin when there are about 1 billion wallets in use.
“When we get to a billion wallets that's Bill's prediction for when we'll see Bitcoin really skyrocketing up towards a million dollars of coin.”
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open Bill Barhydt: Ethereum will scale to Visa and MasterCard-like numbers over the next couple of years.
“ethereum is going to scale to Visa and MasterCard-like numbers over the next couple of years.”
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open Bill Barhydt: In 20 years, the highest market cap banks in the world will be based on DeFi rails.
“I predict that in 20 years the highest market cap banks in the world will be based on defi rails”
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open Bill Barhydt: We may see the same drop in the crypto space again, but with crypto banking players, the system won't collapse.
“the difference is we didn't have these crypto banking players in the space the last time this happened so all of them were lending to each other it turned out just like ltcm it doesn't matter what the product is it could be wood chips it doesn't matter it could be ice cubes if the value of the Ice Cube is 68,000 and it falls to 177,000 and you're all lending ice cubes to each other you have a big problem you're screwed”
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open Bill Barhydt: Abra will be the first to launch a state-chartered depository institution in the crypto space later this year.
“we'll be the first that's live with this banking model later this year”
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open Bill Barhydt: Bitcoin could reach $250,000 to $300,000 in the next runup
“let's say maybe 14 15x in this one each run up seems to be a little bit less so that could easily put us in the 250,000 to 300,000 range”
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open Bill Barhydt: Bitcoin could reach $1 to $1.5 million in the next runup
“you're probably looking at you know anywhere from 1 to 1 a half million at least”
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