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Why Bitcoin’s market cap should be $10-$200 trillion – Dan Held

Kitco News

The current market capitalization of Bitcoin is severely undervalued, with the fair value being somewhere in the millions per coin in current dollar terms, said Dan Held, director of growth at Kraken.

Speaking to David Lin, anchor for Kitco News, Held said that “I think Bitcoin’s market capitalization should be between $10 and $200 trillion, would be the most appropriate valuation.”

For more information on Held’s thesis and Bitcoin’s adoption curve, watch the video above. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV).

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.