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Description: Bitcoin has been on fire in 2020, having rallied almost 60% year-to-date to completely dwarf the 7% return on the S&P 500. According to Raoul Pal, a former Goldman Sachs GS, -1.14% hedge-fund manager, the world’s biggest cryptocurrency is just getting warmed up.

Source: MarketWatch.com

Date: Oct 17, 2020

Link: https://www.marketwatch.com/story/a-90x-return-in-just-five-years-former-goldman-sachs-hedge-fund-manager-says-an-enormous-wall-of-money-is-coming-11602781826

Questions for discussion:

  • What is the basis for the projected value of Bitcoin, according to the article?
  • Do you agree with the analysis?
  • What should investors do?

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