“BlackRock Has Unleashed A TSUNAMI On Bitcoin” Greg Foss Crypto Prediction (2024)

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Greg Foss believes that Bitcoin is going to $2 million dollars per coin. And he thinks if you approach Bitcoin mathematically, it is a screaming buy at current prices.

For those who don’t know Greg Foss, he is an ex hedge fund founder and quantitative analyst who has decades of experience in the finance and modelling world.

In terms of modelling & the probabilities behind bitcoin, he’s one of the best.

He recently was interview alongside Larry Lepard on their Bitcoin price predictions and future outlook. Greg had the highest Bitcoin prediction at $2 million dollars per coin. However he argues that if you approach Bitcoin mathematically and looking at the total value of debt in the world, it makes sense.

Greg believes that over time, 10% of the wealth currently in debt markets is going to make its way into Bitcoin. This equates to $40 trillion dollars. $40 Trillion put into Bitcoin would put it to $2 million dollars per coin.

Make sure to stick around to the end of the video where Greg breaks down with probabilities and makes the argument for why Bitcoin at current prices is a screaming buy.

About Greg Foss:

Greg Foss Currently works as the Executive Director – Strategic Initiatives for Validus Power Corp. He previously worked at 3iQ Corp as the Founding Shareholder.

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“BlackRock Will Send Bitcoin to $2 Million Dollars” Greg Foss Crypto Prediction

“BlackRock Has Unleashed A TSUNAMI On Bitcoin” Greg Foss Crypto Prediction (2024)

I’m a debt guy so I look at what’s called Enterprise Value so I always include total Global debt okay and total Global debt itself is over $400 trillion do right I would not sell my gold to buy Bitcoin I would not sell my real estate to buy Bitcoin and be careful here don’t

Cut this and say Foss I’m not finished yet I would not sell gold or real estate to buy Bitcoin if I still own bonds that is where you’re out location comes from and that is the largest asset class or debt is the largest asset class in the world at 400 trillion right so

Let’s play the game Larry was playing what if 10% of total debt was converted into Bitcoin which I think is low but it should what’s 10% of GL of total Global debt is 40 trillion what is 40 trillion divided by 21 million I’m going to save you guys doing the calculations

You just have to knock off a few zeros what is it GRE it make well 40 trillion divide by 21 million it’s approximately $2 million us per Bitcoin Greg Voss believes that Bitcoin is going to $2 million per coin and he thinks if you approach Bitcoin mathematically it’s a

Screaming buy at current prices for those who don’t know Greg Foss he is an ex hedge fund founder and quantitative analyst who has Decades of experience in the finance and modeling world World in terms of modeling and the probabilities behind Bitcoin he’s one of the best he was recently interviewed alongside Larry

Leard on their bitcoin price predictions and future outlook Greg had the highest Bitcoin prediction at $2 million per coin however he argues that if you approach Bitcoin mathematically and looking at the total value of debt in the world it makes sense Greg believes that over time 10% of the wealth

Currently in debt markets is going to make its way into Bitcoin this equates to $40 trillion 40 trillion put into Bitcoin would put it at $2 million per coin make sure to stick around to the end of the video where Greg breaks down the probabilities and makes the argument

For why Bitcoin at current prices is a screaming buy also guys if you want to stay most up to date on the crypto and Bitcoin World make sure to subscribe to my daily 5minute crypto newsletter it gives the latest expert predictions any breaking news and top on chain analysis

All in a nutshell click the first link in the description to join Over 40,000 others in becoming a better crypto investor right now here’s Greg Foss with his $2 million Bitcoin prediction is absolutely trading right now at less than one 100th meaning 1% of its potential just

On the mathematics that I laid out you clowns who don’t know how to manage risk and sit back and say you’re 100% certain Bitcoin ain’t going no no you cannot be 100% certain about a price prediction on bitcoin what you can do is create what’s called a probability of distributions of

Bitcoin’s future price which includes zero which includes it getting the market cap of gold which includes it getting 10% of total Global debt all of these are different spots on a continuous distribution of probability outcomes of which any single one one outcome is infantes small but when you do probabilities and statistics if

You’ve been trained in that you understand that you run an integral under the distribution you sum up little pieces and then you get what’s called unexpected value and if that expected value based on your probabilities and your price Targets on those particular outcomes is higher than it’s trading today

You’re supposed to buy some correct you can be 100% certain that Bitcoin is going to zero I dare you I dare you to be that certain because that would be the most silly investment you could ever make you can trade Bitcoin Bitcoin will trade on a daily basis for different

Reasons supply and demand headline risk comes across yes but over time if you run the over time I believe Bitcoin is the apex predator asset in a global system of financial assets that respectfully to my friend Larry leard totals 900 trillion as there’s 400 trillion of debt and 500

Trillion of other stuff that is smaller than debt including gold at we’ll call it 10 trillion my God you people need to look at your mathematics and understand how zeros you lose track of the zeros when you get into trillions okay here’s the funny thing Milan if you convince

Your father-in-law to put say 2% okay that’s a good start 2% of his net worth into Bitcoin what do you think is the first thing he looks at every single morning in his portfolio of net worth that fraking 2% okay the fact is he has

Way more risk in the other 98% of his portfolio but he’s going to focus on that 2% why it’s human nature okay I’m actually just joined a a fund where we are using a waiting of Bitcoin in combination with SNP so that that particular instrument can participate in the upside of Bitcoin but

Also buffer the downturns so that you don’t get shaken out of your position it isn’t you could do it yourself if you were a profession Prof investor but most people are not professionals they tend to sell at the wrong time and buy at the wrong time so over time Wall Street is

Going to come up with instruments that will I’m not going to say smooth the volatility of Bitcoin because it’s always going to be Bitcoin volatility but you can dappen the volatility or perceive volatility in conjunction with other Assets in your portfolio this is a game not even a game

This is so important for people to understand you’re supposed to buy Bitcoin to protect against the other 98% of your portfolio and much like you own house insurance if you see the fire is coming across the canyon you have fire Insurance on your house and you see that the fire is

Approaching are you supposed to sell your fire Insurance because the value went up or are you supposed to buy more because the likelihood of you needing fire insurance is now higher well that’s what Bitcoin is people you should look at it as when the price goes down you’re lucky because

More people can buy fire insurance I’m 100% certain the fire is coming it’s called theat debasement and so this is just a different it’s it’s a way of massaging and Larry says you have to handhold people managing money is a horrible horrible profession with all due respect

And I have done it it it’s a horrible profession but luckily there’s people who have thick skin and have uh absolute uh confidence that their outlooks are are sound and their sound money so look we’re just two guys with opinions but both of us have done the research

That it takes to understand why Bitcoin then we got to get you into it in a in a way that you’re not going to shake yourself out of it you know like if it’s worth a 100 or 200 or 400,000 and it goes from 20 from 31 down to

25 are you happy or sad you can’t shake yourself out of that position you’re saying hey I can now buy more of it to get my proper portfolio allocation okay guys and that’s again a risk manager perspective to this whole thing risk is relative prices are relative and managing risk is a relative

Game I want to summarize one thing for your father-in-law and Larry I hope you’ll agree with this when the perception of risk is low asset prices are high and the world is giddy but actual risk is very high right perception of risk is low asset prices are high everybody’s bullish actual risk

High when the perception of risk is high prices are low confidence is low actual risk is low yeah okay that is the game here is managing the difference between perception and reality right so be careful what you wish for I don’t actually want Bitcoin to Rocket to a

Million dollars of Bitcoin because it would mean that our Fiat system has broken over overnight and that’s not what I want I want a parallel system to develop I don’t want Anarchy I don’t want war in the streets because the Fiat Ponzi has broken but there’s plenty of examples of that happening historically

When the respect of Fiat Ponzi breaks as voler a famous French philosopher said all Fiat money eventually returns to the intrinsic value upon which it is printed and what’s the intrinsic value of a slice of paper zero unfortunately zero Bitcoin not crypto what is crypto outside of Bitcoin it’s just Fiat people

Crypto outside of Bitcoin is just Fiat a centralized product where you can get more Supply there’s no Supply restrictions and then you can say okay well I’m going to come up with a better coin than Bitcoin because I’m going to have less than 21 million Supply and

I’ll ask you okay how secure is your network and you’ll say well it’s just me and Larry leapard and we’re trading it it’s our two CPUs here or uh uh let’s say we have an as6 special as6 to mine the fast leard uh uh securecoin but

Guess what that’ll get hacked in a NC Bitcoin is the most secure network in the world computer network in the world so you have security you have first mover advantage and it’s decentral key decentralized not centralized that is what other crypto is and therefore other crypto is Fiat okay back to my math

Game are you good at math uh I’m right what’s that I’m all right okay good if my price Target is $2 million Target not limit and it’s got to go through Larry’s targets before it hits my target so he said 100 th000 and 300,000 and 600 gets the fosses right

Now what is the chance the market is giving me Greg Foss that my price target of over two million has a chance of succeeding and then every other chance is that it goes to zero meaning it’s a binary outcome it’s not a continuous distribution it’s just two outcomes either zero or Greg f

Price target of over 2 million what is the chance the market is giving me right now that I’m right I’m going to guess maybe like 5% no well so what you do is you take the current price trading price of Bitcoin 28,000 bucks and you divide it by 2

Million plus and you come up with slightly over 1% okay here’s the craziest thing I’m not 100% certain my target is right but boy am I more certain than one point something per. okay understand people you see how this works the market is telling me I have a 1 Point change one

And change percent chance of being right and 98.5% chance of it going to zero and I’m like well I don’t think it’s going to zero but let’s assume you are right that that left side of the distribution is zero because it’s only binary you’re telling me I’m only 1 and

A half% likelihood of being hitting my price Target guys you’re wrong in my opinion so ship it in buy buy you sell I buy that’s simple I don’t know if your father-in-law plays table Stakes or it goes to Las Vegas but Las Vegas is all about managing risk and managing

Probabilities if you take the house out of there you know cards and everything like that understand that this is a probability analysis and I just happen to think it’s extremely cheap and Larry is absolutely right in the way he looks at things and I’m not going to put a time frame on

My price target of 2 million all I’m doing is measuring it in today’s dollars it’s $2 million in today’s dollars people holy moly it’s like pulling teeth trying to explain mathematics to these imbeciles okay really it is very painful mathematics is a very difficult subject for a lot of people and unfortunately

What is bitcoin it’s math and code oh boy most people aren’t very good at code and there are very few people that are really good at math so on the whole we’re fighting against a an illiterate population I like to say Bitcoin is an IQ test in Risk Management

And if you don’t own Bitcoin you have a pretty low IQ for risk management so there’s Greg FAL a tight in in the world of finance and quantitative analysis his staggering bitcoin price prediction of 2 million per coin isn’t just a number pull Trump thin air it’s a conclusion drawn from meticulous mathematical

Modeling and an intimate understanding of the global debt landscape Greg’s perspective is clear with the projected migration of 10% of debt markets to bitcoin the potential for growth is beyond what many can fathom this isn’t just a speculation it’s a calculated forecast from one of the industry’s most seasoned veterans understanding the why

And how behind this prediction is crucial and Greg has laid out a road map with probabilities and maths to substantiate his Viewpoint to stay ahead in the fast-paced world of crypto consider subscribing to my daily 5minute newsletter get expert insights the latest news and in-depth analysis to boost your investment knowledge join a

Forward Thinking community of over 40,000 investors by clicking the first link in the description anyway guys hope you all enjoyed today’s video and that provided you with some value I’ll see you all in the next one and as always all the best