Willy Woo, renowned for his insights in the industry, argues that traditional printing presses continue to drive inflation at a rate of at least 2% annually. Considering the global gross domestic product (GDP) has now reached $100 trillion, this ongoing governmental appropriation of wealth stands as the grandest theft in history. Yet, the banking sector aims to take it even further.
In contrast, Bitcoin, when compared to gold and company shares, emerges as a more lucrative instrument for safeguarding against inflation:
“If you’re young, you simply cannot afford to ignore Bitcoin as a potential investment… According to data from Shadow Stats, real inflation ranges between 10-15%.”
Woo argues that the bullish trend in the crypto market has barely taken off, and he predicts a future surge in the value of Bitcoin.
Previously, he confidently stated that Bitcoin would not dip below $30,000, and projected a significant increase in BTC users.