Crypto
Bitcoin at $1 million, gold at $30,000: U.S.-driven \'radical currency reset\' scenario
Investment manager Lawrence Lepard said bitcoin and gold could become core assets in a future monetary system and outlined a scenario in which the state officially revalues them. He described pricing bitcoin at $1 million per coin and gold at $30,000 per ounce, then allowing citizens to exchange dollars into either asset. He said such a shift could shock bondholders and cause acute pain at first. Lepard put the probability at about 10 percent.
