{"id":54895,"date":"2025-06-26T07:58:35","date_gmt":"2025-06-26T07:58:35","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/this-billionaire-rethinks-bitcoin-and-sees-room-for-a-price-double\/"},"modified":"2025-06-26T07:58:35","modified_gmt":"2025-06-26T07:58:35","slug":"this-billionaire-rethinks-bitcoin-and-sees-room-for-a-price-double","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/this-billionaire-rethinks-bitcoin-and-sees-room-for-a-price-double\/","title":{"rendered":"This Billionaire Rethinks Bitcoin and Sees Room for a Price Double"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>More big names in finance are starting to reconsider their stance on Bitcoin. One of them is billionaire hedge fund manager Philippe Laffont. In a recent CNBC interview, Laffont admitted that he has been thinking a lot more about Bitcoin and why he did not get in earlier. His reflection might hint at a broader shift in how traditional investors see the role of Bitcoin in the global financial system.<\/p>\n<hr\/>\n<p><strong><em>Good to know<\/em><\/strong><\/p>\n<ul>\n<li><strong><em>Philippe Laffont sees potential for <a href=\"https:\/\/igaming.org\/cryptocurrencies\/section\/what-is-a-bitcoin\/\">Bitcoin<\/a> to double from current levels.<\/em><\/strong><\/li>\n<li><strong><em>He compares Bitcoin\u2019s size to the total global economy.<\/em><\/strong><\/li>\n<li><strong><em>Laffont is co-founder of Coatue Management, a tech-focused hedge fund.<\/em><\/strong><\/li>\n<\/ul>\n<hr\/>\n<p>Laffont\u2019s thoughts revolve around Bitcoin\u2019s proportion in relation to the total global net worth. He estimates the global net worth to be around $450 to $500 trillion. Gold accounts for roughly $20 trillion of that, equities for about $120 trillion, while Bitcoin stands at around $2 trillion. With those numbers, Bitcoin represents just a fraction\u2014roughly 0.5%\u2014of total global wealth.<\/p>\n<p>He questioned why Bitcoin could not represent 1% or even 2%. If that happens, the price could easily double from current levels above $200,000.<\/p>\n<p>Laffont openly shared his personal hesitation and ongoing reevaluation. <em>\u201cEvery day I do think \u2018why do I not own it?\u2019\u201d<\/em> he said. He also added, <em>\u201cTo be a good investor, it\u2019s not just owning the obvious stock\u2026 sometimes you have to change your mind and say \u2018well I made a mistake and I\u2019m changing my mind.\u2019\u201d<\/em><\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>He also noted the increasing discussions about de-dollarization and what he called <em>\u201cthe end of US exceptionalism.\u201d<\/em> Those concerns, combined with Bitcoin\u2019s fixed supply and decentralized design, add to the reasons he now sees value in the digital asset.<\/p>\n<p>Laffont is not the first traditional finance figure to shift toward Bitcoin, but his comments are especially relevant considering his background. As co-founder of Coatue Management, a tech-heavy hedge fund with billions in assets, his perspective carries weight.<\/p>\n<p>While he did not explicitly confirm he has bought Bitcoin yet, the tone of the interview suggests that a shift in mindset is already underway. For many watching from the sidelines, Laffont\u2019s public rethink may feel familiar\u2014and could prompt more investors to reconsider Bitcoin\u2019s long-term role in their own portfolios.<\/p>\n<p>At the time of writing, Bitcoin was trading at $107,000.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>5BTC or 111% + 111 Free Spins!<\/strong> <\/p>\n<p>New players only. Exclusive 111% Welcome Bonus + 111 Free Spins<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>In related news, as a result of NATO members agreeing to a 5% rate of national product, we can <a href=\"https:\/\/igaming.org\/crypto\/natos-5-defense-deal-will-fuel-inflation-and-that-is-bullish-for-bitcoin\/\">expect inflation to rise and hence making Bitcoin even more interesting<\/a>.<\/p>\n<p>The entire interview with the billionaire investor can be seen here:<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/this-hedge-fund-giant-wonders-why-he-never-bought-bitcoin\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) More big names in finance are starting to reconsider their stance on Bitcoin. One of them is billionaire hedge fund manager Philippe Laffont. In a recent CNBC interview, Laffont admitted that he has been thinking a lot more about Bitcoin and why he did not get [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":37709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/54895"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=54895"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/54895\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/37709"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=54895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=54895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=54895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}