Willy Woo asserts that Bitcoin could be the ‘perfect asset’ for the next 1,000 years if it secures more market capital to rival the US dollar and gold. With a current market cap of 2.42 trillion USD, it only measures up to 11% of gold’s 23 trillion USD.
Woo highlights concerns regarding Bitcoin treasury firms and ETFs that might expose investors to risks, including a potential market correction. He warns that without adequate scrutiny of debt structures, there is a danger of a significant market bubble burst.
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