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.
Date: Oct 17, 2020
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?