Jack Mallers: Mark My Words, This $50K Will Worth $1 Million In 12 Months, This Is Your Last Chance

In a rapidly evolving economic landscape, the recent discussions surrounding monetary policy, particularly the implications of quantitative easing (QE), have captured significant attention. As central banks around the world grapple with rising inflation and economic recovery post-pandemic, the spotlight has turned to unconventional monetary strategies, such as the immense scale of money printing witnessed over recent years. Notably, Strike’s CEO, Jack Mallers, has forecasted a Bitcoin valuation of up to $1 million per coin, a figure that underscores the profound anxiety surrounding fiat currency devaluation and the soaring public debt.
The Federal Reserve and its global counterparts are at a pivotal juncture. The American bond market, a linchpin of global finance, is teetering on the brink of a severe crisis. Mallers warns that without intervention, there could be a catastrophic implosion that might jeopardize the entire financial system. This grim outlook is not unfounded, considering that U.S. government debt levels are soaring, driven by an urgent need to finance extensive obligations ranging from social programs to infrastructure spending. In light of these pressures, Mallers suggests that the upcoming rounds of QE might dwarf those initiated during the COVID-19 pandemic, potentially tripling in magnitude.

Jack Mallers: Mark My Words, This $50K Will Worth $1 Million In 12 Months, This Is Your Last Chance

[frankdisilvio]

I don't understand how bitcoin can be worth anything other than if it's based on, say, gold that actually has a real intrinsic value. When fiat die, bitcoin will too if it's based on fiat.

[janeznovak]

Instead of BTC, you could also use corks or plastic caps for bottles, ..basically the matter is the same, even today's money is based only on "trust", ..without trust, everything collapses, ..How to prepare people, d trust in "plastic bootle caps" instead of worthless printed pieces of paper... is another story

[nunocosta-vtxq]

Pls go to university and get a job, saying that you aren tottaly wrong..