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David Marcus Claims Bitcoin is Undervalued Compared to Gold

David Marcus Claims Bitcoin is Undervalued Compared to Gold

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by Maya Lundqvist

an hour ago


In a bold assertion, David Marcus, the CEO of Lightspark, has claimed that Bitcoin is currently undervalued and has the potential to soar to unprecedented heights. As enthusiastically stated in the publication, his comments come amid ongoing discussions about the cryptocurrency's place in the financial landscape.

Bitcoin's True Value Potential

During a recent interview, Marcus highlighted that Bitcoin's true value could reach as high as $13 million if it were to be valued similarly to gold. He believes that the market has yet to fully recognize Bitcoin's potential, which he describes as the 'Internet of Money.' This perspective positions Bitcoin not just as a digital asset, but as a revolutionary financial tool.

Decentralization as a Key Factor

Marcus also pointed out that Bitcoin's decentralized nature distinguishes it from other projects, such as Libra, which are often criticized for their centralized control. He argues that this decentralization is a key factor in Bitcoin's long-term viability and appeal, suggesting that it could redefine how we think about money in the digital age.

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