Bitcoin poised to surpass $100K as an inflation hedge, RedStone COO says
November 22, 2024, 10:06 AM
Marcin Kazmierczak, COO and co-founder of DeFi oracle project RedStone, told Cointelegraph that he believes Bitcoin’s rise to $100,000 is inevitable due to its utility as an inflation hedge with 0% inflation and limited supply. Comparing Bitcoin’s 15-year history to gold’s centuries as a store of value, he emphasized its wealth-creation potential for late adopters. However, Crypto.com Exchange CEO Kris Marszalek cautioned that the market may need deleveraging before Bitcoin can reach the milestone.
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