28 January 2021 · 0 min read

Bitcoin Set to Match Gold’s Risk Measures by 2024 - Mike McGlone

In this video, Bloomberg Intelligence's Senior Analyst Mike McGlone talks with Stanberry Research's Daniela Cambone. They talk about Bitcoin and its excess volatility, which he calls a great misconception.

“We see it as normal for a potentially revolutionary asset on a trajectory to match gold’s risk measures by about 2024,” McGlone explains, adding this is also the timeframe for the next Bitcoin halving.

“Backward-looking volatility metrics fail to consider a primary component of Bitcoin’s future - fixed supply - that’s a volatility headwind, notably versus gold.”