By Teeka Tiwari
“Isn’t he the idiot who said bitcoin would hit $40,000 weeks before it hit $4,000?”
In case you’re wondering, yes, that “idiot” is me.
That’s a variation of what many of the 5 million people who tuned in to watch a special broadcast I had with media personality Glenn Beck in July 2018 tweeted, wrote, or uttered.
At the time I pointed to how institutions were telling everyone how corrupt and worthless bitcoin was… While at the same time, they were laying the groundwork for their traders and money managers to buy, sell, and store bitcoin.
I called it the Great Crypto Conspiracy of 2018.
In July 2018 bitcoin was trading at $8,000. And my research told me as adoption increased, the price would ramp up rapidly.
I would end up being both right and wrong at the same time.
Adoption did indeed ramp up dramatically.